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National Energy Board Act (R.S.C., 1985, c. N-7)

Act current to 2020-11-02 and last amended on 2018-03-29. Previous Versions

Marginal note:Criteria

 On an application for a licence to export oil or gas, the Board shall satisfy itself that the quantity of oil or gas to be exported does not exceed the surplus remaining after due allowance has been made for the reasonably foreseeable requirements for use in Canada, having regard to the trends in the discovery of oil or gas in Canada.

  • R.S., 1985, c. N-7, s. 118
  • 1990, c. 7, s. 32
  • 2012, c. 19, s. 93
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