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Canada–Newfoundland and Labrador Offshore Petroleum Cost Recovery Regulations (SOR/2016-21)

Regulations are current to 2020-01-16 and last amended on 2016-02-27. Previous Versions

Part 2Formula Fees (continued)

Payment of Fees

Marginal note:Fees calculated under section 9

  •  (1) On the submission of an application in respect of an activity set out in any table to section 9, the applicant must pay to the Board the fee determined in accordance with that section.

  • Marginal note:Heavy burden coefficient

    (2) If the Board uses a heavy burden coefficient to calculate an additional charge in respect of an activity, the Board must invoice the applicant or the operator and the applicant or the operator must pay that amount to the Board within 30 days after the date of the invoice.

Part 3Geodata Centre

Marginal note:Definition of daily access rate

 In this Part, the daily access rate is the rate established and published by the Board by electronic or other means that is likely to reach applicants and operators.

Marginal note:Sample access fee

 Any person, except a person requesting access for an academic purpose, the Federal Minister and the Provincial Minister, who accesses a physical sample at the geodata centre must pay the daily access rate for each day the sample is accessed.

Part 4Other Charges

Marginal note:Reimbursement of Board costs

 The Board may require reimbursement for 100% of its costs for activities that are not set out in Parts 1 to 3 and that are related to the following:

  • (a) any verification of compliance under the Act involving travel to another location by the Board’s staff;

  • (b) the Oil and Gas Committee;

  • (c) any technical analysis or process review that is related to a specific project and that is requested by an applicant or operator;

  • (d) any public review, written or oral hearing or inquiry that is related to a specific project and that is required or initiated by the Board;

  • (e) a participant funding program that is part of an environmental assessment conducted under the Canadian Environmental Assessment Act, 2012; and

  • (f) information, products or services that are requested by a person.

Part 5General

Interest

Marginal note:Compound interest rate of 1.5%

 Interest on an amount owing to the Board must be calculated and compounded monthly at the rate of 1.5% and is payable and accrues during the period beginning on the due date and ending on the day before the day on which the payment is received by the Board.

Remittance of Fees and Charges

Marginal note:Remittance

 For the purposes of section 29.3 of the Act, the fees and charges obtained in accordance with these Regulations must be remitted on a quarterly basis subject to the Board’s operational requirements.

Part 6Consequential Amendments, Transitional Provisions and Coming into Force

Consequential Amendments to the Newfoundland Offshore Area Registration Regulations

 [Amendment]

 [Amendments]

 [Amendment]

 [Amendment]

Transitional Provisions

Marginal note:Non-application of section 3

  •  (1) Section 3 does not apply to a project that relates to development, production, abandonment, exploratory drilling or multi-year or complex seismic programs if the applicant or the operator has paid 100% of the Board’s estimated costs for the project for the fiscal year in which these Regulations come into force.

  • Marginal note:Presumption

    (2) All existing projects relating to development, production, abandonment, exploratory drilling or multi-year or complex seismic programs that are under the Board’s regulatory authority before these Regulations come into force and that do not have a regulatory activity plan are considered to have been previously under a regulatory activity plan for the purposes of section 3.

Coming into Force

Marginal note:S.C. 2015, c. 4

Footnote * These Regulations come into force on the day on which section 39 of the Energy Safety and Security Act comes into force but if they are registered after that day, they come into force on the day on which they are registered.

 
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