Black Lake First Nation Water Power Regulations (SOR/2019-131)

Marginal note:Adaptation to subsection 3(1)

• 31 (1) Subsection 3(1) of The Water Power Rental Regulations is to be read as follows:

  • 3 (1) Every person who uses water for the purpose of producing water power using works, including persons who store water for the purpose of producing water power, shall pay the water rental calculated in accordance with these regulations of which 50% shall be paid to the corporation and 50% to Her Majesty in right of Canada.

• Marginal note:Adaptation to subsection 3(4)

  (2) Subsection 3(4) of the Regulations is to be read as follows:

  • (4) Every licensee shall submit to the corporation and to Her Majesty in right of Canada all data required to calculate the water rental payable pursuant to these regulations.

• Marginal note:Adaptation to subsection 3(8)

  (3) The portion of subsection 3(8) of the Regulations before paragraph (a) is to be read as follows:

  • (8) The corporation and Her Majesty in right of Canada may charge and collect interest on any water rental due to the corporation or Her Majesty in right of Canada, as the case may be, not paid in full by the date it is payable pursuant to these regulations at a rate equal to:

• Marginal note:Adaptation to subsection 3(9)

  (4) Subsection 3(9) of the Regulations is to be read as follows:

  • (9) Any water rental not paid in full by the date on which it is payable, together with any interest payable pursuant to subsection (8), is a debt due and owing to the corporation or Her Majesty in right of Canada, as the case may be, by the persons from whom it is payable, and the corporation or Her Majesty in right of Canada, as the case may be, may recover that debt in any manner allowed by law for the recovery of debts due to the Crown and Her Majesty in right of Canada.

• Marginal note:Adaptation to section 3

  (5) Section 3 of the Regulations is to be read with the following after subsection (12):

  • (13) All payments made to and interest collected by Her Majesty in right of Canada under this section shall be for the use and benefit of the Black Lake First Nation and shall be made payable and remitted to the Receiver General of Canada.