Thank you, Mr. Chair. ITI worked closely with OROGO and NEB to help ensure that the regulator holds proof of financial responsibility if there is a risk of spills or debris from work or an activity. Clause 9 extends the proof of financial responsibility requirement by requiring the holder of an authorization to ensure that the proof of financial responsibility remains in force for the duration of the work or the activity and for the period of one year after the regulator notifies the holder that all work that had been authorized has been successfully abandoned or decommissioned in accordance with the Oil and Gas Operations Act and its regulations. The one-year period following successful abandonment or decommissioning is similar to subsection 27(1.2) of the Canadian Oil and Gas Operations Act. Thank you, Mr. Chair.
Wally Schumann on Committee Motion 168-18(3): Bill 37: An Act to Amend the Oil and Gas Operations Act - Clause 6, Defeated
In the Legislative Assembly on August 14th, 2019. See this statement in context.
Committee Motion 168-18(3): Bill 37: An Act to Amend the Oil and Gas Operations Act - Clause 6, Defeated
Consideration In Committee Of The Whole Of Bills And Other Matters
August 14th, 2019
Page 6023
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