BILL NO. 56
(as introduced)
4th Session, 61st General Assembly
Nova Scotia
61 Elizabeth II, 2012
Elimination of Bonuses in Power Rates Act
Chuck Porter
Hants West
First Reading: April 26, 2012
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
Be it enacted by the Governor and Assembly as follows:
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:
(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 © 2012 Crown in right of Nova Scotia. Created April 26, 2012. Send comments to legc.office@novascotia.ca.
