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Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation (Nova Scotia) Act (amended)

BILL NO. 9

(as introduced)

4th Session, 61st General Assembly
Nova Scotia
61 Elizabeth II, 2012



Government Bill



Canada-Nova Scotia Offshore Petroleum Resources
Accord Implementation (Nova Scotia) Act
(amended)



The Honourable Charlie Parker
Minister of Energy



First Reading: April 4, 2012

(Explanatory Notes)

Second Reading: April 30, 2012

Third Reading: May 4, 2012 (LINK TO BILL AS PASSED)

Explanatory Notes

Clause 1 updates the definition of "Minister" in the Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation (Nova Scotia) Act.

Clause 2 adds a reference to a new regulation-making provision to the Section that requires federal approval of proposed regulations.

Clause 3 corrects a wording error.

Clause 4 adds regulation-making authority respecting information required in relation to the Crown share adjustment payments to be paid by the federal government under the Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act (Canada).

An Act to Amend Chapter 3
of the Acts of 1987,
the Canada-Nova Scotia Offshore
Petroleum Resources Accord
Implementation (Nova Scotia) Act

Be it enacted by the Governor and Assembly as follows:

1 Clause 2(o) of Chapter 3 of the Acts of 1987, the Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation (Nova Scotia) Act, is repealed and the following clause substituted:

(o) "Minister" means the Minister of Energy;

2 Section 6 of Chapter 3, as amended by Chapter 16 of the Acts of 1993, is further amended by adding ", Section 53A" immediately after "51" in the fourth line.

3 Section 53 of Chapter 3 is amended by striking out "Provincial" in the first and in the fourth lines.

4 Chapter 3 is further amended by adding immediately after Section 53 the following headings and Section:

PART IA

CROWN SHARE ADJUSTMENT PAYMENTS

53A Subject to Section 6, the Governor in Council may make regulations respecting information that must be provided to the Minister to permit the Minister to demonstrate and determine the payments to be calculated under section 247 of the federal Implementation Act.

 


This page and its contents published by the Office of the Legislative Counsel, Nova Scotia House of Assembly, and © 2012 Crown in right of Nova Scotia. Created April 4, 2012. Send comments to legc.office@novascotia.ca.