BILL NO. 68
(as introduced)
3rd Session, 61st General Assembly
Nova Scotia
60 Elizabeth II, 2011
Elimination of Bonuses in Power Rates Act
Chuck Porter
Hants West
First Reading: October 31, 2011
Second Reading:
Third Reading:
Explanatory Note
This Bill provides that the Nova Scotia Utility and Review Board must not include bonuses for executive-level employees of electric public utilities as a cost when determining the rate base or general rate for the utility.
An Act to Amend Chapter 380
of the Revised Statutes, 1989,
the Public Utilities Act,
Respecting Eliminating Bonuses
in Power Rates
1 This Act may be cited as the Elimination of Bonuses in Power Rates Act.
2 Chapter 380 of the Revised Statutes, 1989, the Public Utilities Act, is amended by adding immediately after Section 41 the following Section:
(a) bonuses;
(b) variable compensation; or
(c) at-risk pay.
(2) The Board may make regulations defining "executive-level employees" for the purpose of this Section.
This page and its contents published by the Office of the Legislative Counsel, Nova Scotia House of Assembly, and © 2011 Crown in right of Nova Scotia. Updated November 3, 2011. Send comments to legc.office@novascotia.ca.
