General

s.25 — Non-arm’s length transaction

O. Reg. 516/06 GENERAL

Official text

25. (1) If the landlord incurs a cost arising out of a transaction that is not an arm’s length transaction, the Board shall consider only that part of the landlord’s cost that is less than or equal to the costs that would arise from a similar market transaction.

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Reproduced from Ontario e-Laws under the King's Printer for Ontario (Open Government Licence – Ontario). O. Reg. 516/06 GENERAL — Consolidation period: November 30, 2020 - e-Laws currency date (June 4, 2026). Always confirm the current version on e-Laws. General information, not legal advice.