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Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act

Version of section 235 from 2002-12-31 to 2015-06-18:

Marginal note:Agreement with the Provincial Government

  •  (1) The Federal Minister may, with the approval of the Federal Government, enter into an agreement with the Provincial Minister, having the approval of the Provincial Government, providing for

    • (a) the procedure to be followed in making, and the criteria of, proposals for the payment of amounts to Her Majesty in right of the Province; and

    • (b) the terms and conditions of the payment of the amounts or part thereof.

  • Marginal note:Agreement continued

    (2) The agreement entered into under section 85 of the Canada-Nova Scotia Oil and Gas Agreement Act, chapter 29 of the Statutes of Canada, 1984, continues in force in accordance with its terms and conditions until it is replaced by an agreement entered into under subsection (1).

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