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Pipeline Financial Requirements Regulations

Version of section 3 from 2018-07-21 to 2021-06-09:


Marginal note:Financial resources

 For the purposes of subsection 48.13(2) of the Act, the Board must choose from among the following types of financial resources:

  • (a) an insurance policy;

  • (b) an escrow agreement;

  • (c) a letter of credit;

  • (d) a line of credit;

  • (e) participation in a pooled fund referred to in subsection 48.14(1) of the Act;

  • (f) a parent company guarantee;

  • (g) a surety bond or pledge agreement or an indemnity bond or suretyship agreement;

  • (h) cash or cash equivalents.


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