1 These Regulations may be cited as the Nova Scotia Resources (Ventures) Limited Drilling Assistance Regulations.
Whereas, pursuant to section 6 of the Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation ActFootnote *, the Minister of Energy, Mines and Resources has consulted the Minister of Mines and Energy for the Province of Nova Scotia with respect to the annexed Regulations respecting assistance to Nova Scotia Resources (Ventures) Limited in respect of Canadian exploration expenses and Canadian development expenses incurred in the Nova Scotia offshore area, and the latter Minister has approved the making of these Regulations;
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6 An application for payment under section 241 of the Act shall be made not later than six months after the date of the coming into force of these Regulations.
(2) Subject to subsection (3), an application for payment in respect of eligible expenses incurred or deemed to be incurred prior to the date of the coming into force of these Regulations shall be made not later than six months after that date.
3 For the purposes of these Regulations,