Canada Petroleum Resources Act (R.S.C., 1985, c. 36 (2nd Supp.))

Act current to 2013-04-29 and last amended on 2007-12-14. Previous Versions

PART VII

ENVIRONMENTAL STUDIES RESEARCH FUND

Marginal note:Definitions

 In this Part,

“Board”

« Conseil »

“Board” means the Environmental Studies Management Board established by subsection 78(1);

“Fund”

« fonds »

“Fund” means the Environmental Studies Research Fund (NR) established under subsection 76(1) or the Environmental Studies Research Fund (IAND) established under that subsection, or both, as the context requires;

“Minister”

« ministre »

“Minister” means the Minister of Natural Resources or the Minister of Indian Affairs and Northern Development, or both, as the context requires.

  • R.S., 1985, c. 36 (2nd Supp.), s. 75;
  • 1994, c. 41, s. 15.
Marginal note:Funds established
  •  (1) There shall be established in the accounts of Canada

    • (a) an account under the administrative responsibility of the Minister of Natural Resources, to be known as the Environmental Studies Research Fund (NR), which shall include a sub-account for each prescribed region of frontier lands within the area under that Minister’s responsibility; and

    • (b) an account under the administrative responsibility of the Minister of Indian Affairs and Northern Development, to be known as the Environmental Studies Research Fund (IAND), which shall include a sub-account for each prescribed region of frontier lands within the area under that Minister’s responsibility.

  • Marginal note:Purpose of Funds

    (2) The purpose of the Funds is to finance environmental and social studies pertaining to the manner in which, and the terms and conditions under which, exploration, development and production activities on frontier lands authorized under this Act or any other Act of Parliament should be conducted.

  • R.S., 1985, c. 36 (2nd Supp.), s. 76;
  • 1994, c. 41, s. 16.
Marginal note:Credits and charges
  •  (1) There shall be credited to each sub-account all amounts deposited for payment into that sub-account pursuant to this Part and there shall be charged against that sub-account all amounts paid out of the Consolidated Revenue Fund under this section.

  • Marginal note:Maximum amount of Funds

    (2) The total amount of each of the Funds established under subsection 76(1) shall not, at any time, exceed fifteen million dollars and every levy under this Part for the respective Fund or a sub-account included in that Fund is inoperative during any period that the Fund exceeds such total amount.

  • Marginal note:Appropriation and charges against Funds

    (3) There may be paid out of the Consolidated Revenue Fund and charged against the balance standing to the credit of the Funds

    • (a) the reasonable costs and expenses of environmental and social studies referred to in subsection 76(2);

    • (b) the reasonable costs and expenses of publishing reports of environmental and social studies referred to in subsection 76(2);

    • (c) the reasonable travel and living expenses incurred by the members of the Board in the exercise of the powers and the performance of the duties and functions of the Board under this Part; and

    • (d) any other costs and expenses reasonably incurred in connection with the management, operation and administration of the Funds, including any amounts referred to in paragraph 82(3)(c).

  • Marginal note:Study relating to one region

    (4) Where an environmental or social study relates to one prescribed region exclusively, the costs of that study shall be charged against the sub-account for that region.

  • Marginal note:Study relating to more than one region

    (5) Where an environmental or social study relates to more than one prescribed region, the costs of that study shall be charged against the sub-accounts for such regions in accordance with the allocation made by the Board.

  • Marginal note:Allocation of other expenses

    (6) All other costs and expenses payable from the Funds in any year shall be allocated to and be charged against any sub-account in the manner determined by the Board.