Canada–Nova Scotia Offshore Petroleum Cost Recovery Regulations (SOR/2016-22)

Marginal note:Non-application of section 3

• 16 (1) Section 3 does not apply to a project that relates to development, production, abandonment, exploratory drilling or multi-year or complex seismic programs if the applicant or the operator has paid 100% of the Board’s estimated costs for the project for the fiscal year in which these Regulations come into force.

• Marginal note:Presumption

  (2) All existing projects relating to development, production, abandonment, exploratory drilling or multi-year or complex seismic programs that are under the Board’s regulatory authority before these Regulations come into force and that do not have a regulatory activity plan are considered to have been previously under a regulatory activity plan for the purposes of section 3.