Canadian Energy Regulator Act

Marginal note:Regulations

• 353 (1) The Governor in Council may make regulations for the purposes of this Division, including regulations

  • (a) respecting the period of validity of licences, the quantities that may be exported under licences and any other conditions to which licences may be subject;

  • (b) authorizing the Commission to make orders authorizing the exportation of oil or gas and prescribing the circumstances in which the Commission may make, and the conditions that may be included in, those orders;

  • (c) prescribing the conditions under which the exportation of oil or gas may be carried out without a licence;

  • (d) prescribing the inspection of any instruments, devices, plant, equipment, books, records or accounts or any other thing used for or in connection with the exportation or importation of oil or gas;

  • (e) prescribing the immediate measures to take in respect of oil or gas seized by an officer referred to in section 380;

  • (f) prescribing, in respect of oil or gas the exportation of which is authorized under this Part, or any quality, kind or class of that oil or gas or type of service relating to it, the price at which or the range of prices within which that oil or gas must be sold; and

  • (g) exempting oil or gas that is exported to a NAFTA country, as defined in subsection 2(1) of the North American Free Trade Agreement Implementation Act, to Chile or to Costa Rica, or any quality, kind or class of that oil or gas or type of service relating to it, from the application of regulations made under paragraph (f).

• Marginal note:Maximum validity

  (2) The period of validity referred to in paragraph (1)(a) begins on a date to be fixed in the licence and must not exceed

  • (a) 40 years, in the case of a licence for the exportation of natural gas as defined by the regulations; and

  • (b) 25 years, in any other case.

• Marginal note:Different prices or ranges of prices

  (3) Regulations made under paragraph (1)(f) may prescribe different prices or ranges of prices in respect of different countries.