Nova Scotia Resources (Ventures) Limited Drilling Assistance Regulations (SOR/94-168)

5 (1) Subject to subsections (2) and (3), an application for payment referred to in section 4 shall be made not later than six months after the last day of the calendar year in which the expenses were incurred or deemed to be incurred.

(2) Subject to subsection (3), an application for payment in respect of eligible expenses incurred or deemed to be incurred prior to the date of the coming into force of these Regulations shall be made not later than six months after that date.

(3) Where the Federal Minister is satisfied that the application of the time limits set out in subsections (1) and (2) would produce an inequitable result in the particular circumstances, the Federal Minister may extend those time limits.

(4) Notwithstanding anything in this section, an application for payment referred to in section 4 shall be made not later than December 31, 1993.