Nova Scotia Offshore Revenue Account Regulations (SOR/93-441)

6 (1) The Federal Minister shall credit to the Revenue Account an amount equal to the aggregate of the amounts, referred to in subparagraph 219(2)(a)(iii) of the Act, that were collected and deposited into the Consolidated Revenue Fund by the Board during the period beginning on the date on which the Government of the Province and the Board entered into an agreement, pursuant to section 100 of the Act, and ending on the day immediately preceding the day on which these Regulations come into force, and shall do so,

• (a) where the Federal Minister has received from the Board prior to the day on which these Regulations come into force, a notice, stating the particulars of a deposit made by the Board to the Consolidated Revenue Fund, within 10 workings days after the day on which these Regulations come into force; or

• (b) where the Federal Minister has not received the notice referred to in paragraph (a) before the day on which these Regulations come into force, within two working days after the day on which the Federal Minister receives such notice.

(2) The Federal Minister shall credit to the Revenue Account within two working days after receipt from the Board of a notice stating the particulars of a deposit made by the Board in accordance with subsection 101(2) of the Act, an amount equal to the aggregate of the amounts referred to in subparagraph 219(2)(a)(iii) of the Act that were deposited by the Board to the Consolidated Revenue Fund.