TAX MATTERS - ELIGIBLE CONVENTION CENTRES

Eligible convention centres 1. (1) For the purposes of subsection 257.6 (6) of the Act, an eligible convention centre means, subject to subsection (2), property or portions of property identified by the following roll numbers: Centre Roll Number Toronto Congress Centre 19 19 038 200 01500 0000 19 19 038 200 02800 0000 19 19 038 980 02200 0000 International Centre 21 05 050 113 02600 0000 21 05 050 113 02700 0000 21 05 050 113 02800 0000 O. Reg. 518/01, s. 1 (1). (2) An eligible convention centre includes only the portion of the property that is used exclusively, (a) for convention and trade show exhibits; (b) by food or merchandise concessions that are only open for business when a convention or trade show event is being staged or held on the property; or (c) as management or administration offices, parking areas or storage facilities for or in connection with the operations described in clause (a). O. Reg. 518/01, s. 1 (2). Application 2. This Regulation applies with respect to the 2001 and subsequent taxation years. O. Reg. 518/01, s. 2.