HomeMy WebLinkAboutBy-law 4557/95 THE CORPORATION OF THE TOWN OF PICKERING
BY-LAW NUMBER 4 5 5 7/9 5
Being a by-law to provide for the addition of
interest to tax arrears
WHEREAS pursuant to the provisions of the Municipal Act, R.S.O. 1990, chapter M.45, section
419(2), the Council of The Corporation of the Town of Pickering may by by-law require that the
Town Treasurer add to the amount of all taxes due and unpaid interest at such rate not exceeding
15 per cent per annum as Council determines, from the 31st day of December of the year in which
the taxes were levied until the taxes are paid;
NOW THEREFORE the Council of the Corporation of the Town of Picketing HEREBY
ENACTS AS FOLLOWS:
1. The Town Treasurer shall add to the amount of all taxes due and unpaid interest at the
rate of 12.0 per cent per annum from December 31, 1994, until the taxes are paid.
2. Sections 2210.4.1 of the Town of Picketing Municipal Code are revoked and section I of
this By-law is substituted for them.
3. This By-law shall come into force upon the date of passage hereo£
BY-LAW READ a first, second and third time and finally PASSED this 6th day of February, 1995.
Wayne Arthurs, Mayor
Bruce Taylor, Clerk