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Pipeline Financial Requirements Regulations

Version of section 3 from 2021-06-10 to 2024-10-30:


Marginal note:Financial resources

 For the purposes of subsection 138(2) of the Act, the Commission must choose from among the following types of financial resources:

  • (a) an insurance policy;

  • (b) an escrow agreement;

  • (c) a letter of credit;

  • (d) a line of credit;

  • (e) participation in a pooled fund referred to in subsection 139(1) of the Act;

  • (f) a parent company guarantee;

  • (g) a surety bond or pledge agreement or an indemnity bond or suretyship agreement;

  • (h) cash or cash equivalents.

  • SOR/2021-134, s. 3

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