National Energy Board Cost Recovery Regulations
Version of section 16.1 from 2011-01-01 to 2024-04-16:
16.1 If, in respect of any year, relief is obtained under section 4.1 by one or more large oil pipeline companies, the Board shall, on or before September 30 of the following year, determine for each large oil pipeline company that did not obtain relief the revised cost recovery charge increase for the year in respect of which relief is obtained, which increase shall be determined by the formula
A × B/C
where, for the year in respect of which relief is obtained,
- A
- is the total revised amount of relief for the large oil pipeline companies, as determined by the Board in accordance with subsection 4.1(7),
- B
- is the actual deliveries, in cubic metres, of the company provided to the Board under paragraph 10(1)(b); and
- C
- is the aggregate of the actual deliveries, in cubic metres, of all the large oil pipeline companies that did not obtain relief, provided to the Board under paragraph 10(1)(b).
- SOR/2002-375, s. 7
- SOR/2009-307, s. 16
- Date modified: