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PART XI THE LANDLORD AND TENANT BOARD

s.182.2 — Revenues paid into CRF

Residential Tenancies Act, 2006

Official text

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182.2 (1) The revenues of the Board, other than money that is paid to the Board in trust under this Act, shall be paid into the Consolidated Revenue Fund. (2) Despite Part I of the Financial Administration Act, (a) the Board shall pay to the Minister money paid to the Board in trust under this Act; and (b) the Minister may maintain in his or her name one or more accounts with an entity referred to in subsection 2 (2) of the Financial Administration Act, and place the money paid to the Minister under clause (a) into any of those accounts, subject to the same trusts on which the money was paid to the Board. (3) Where money has been paid to the Board in trust and no provision is made for paying it out elsewhere in this Act, it shall be paid out to the person entitled to receive it, together with interest at the prescribed rate. (4) Interest earned on money paid to the Board in trust that exceeds the interest earned at the prescribed rate vests in the Crown and shall be deposited in the Consolidated Revenue Fund. (5) No claim shall be made for or on account of interest earned on money paid to the Board in trust under this Act that exceeds the interest earned on that money at the prescribed rate. (6) In this section, “money paid to the Board in trust” does not include fines, fees or costs paid to the Board.
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Reproduced from Ontario e-Laws under the King's Printer for Ontario (Open Government Licence – Ontario). Residential Tenancies Act, 2006 — June 1, 2026 (consolidation period to November 27, 2025). Always confirm the current version on e-Laws. General information, not legal advice.