Section 3 BEFORE amended by 2002-5-1, effective December 20, 2001 [retro from March 7, 2002 (Royal Assent)].
3 Subject to the approval of the Lieutenant Governor in Council, the minister may enter into one or more agreements with
(a) Canada,
(b) the proponent,
(c) one or more local distribution utilities,
(d) Westcoast Energy Inc., or
(e) Alberta Energy Company Ltd.,
with respect to the funding, construction and operation of the pipeline, the granting of service areas and any other matter relating to this Act.
Section 5 (1) BEFORE amended by 2003-54-27,Sch A, effective April 1, 2004 (BC Reg 11/2004).
(1) The Minister of Finance and Corporate Relations, on the advice of the minister, may make payments out of the consolidated revenue fund to a party to an agreement under section 3, on terms and conditions that may be specified in the agreement, respecting the stabilization of the price at which consumers purchase natural gas transmitted through the pipeline.
Section 5 BEFORE repealed by 2014-31-13, effective November 27, 2014 (Royal Assent).
Rate stabilization facility
5 (1) The Minister of Finance, on the advice of the minister, may make payments out of the consolidated revenue fund to a party to an agreement under section 3, on terms and conditions that may be specified in the agreement, respecting the stabilization of the price at which consumers purchase natural gas transmitted through the pipeline.
Section 7 (5) BEFORE amended by 2003-52-517, effective January 1, 2004 (BC Reg 465/2003, repealing BC Reg 428/2003).
(5) Sections 607 to 609 of the Local Government Act applies to the proponent and the local distribution utilities but a municipality may not set rates or charge fees by means of a franchise agreement under that Act.
Section 7 (5) BEFORE repealed by 2014-31-14, effective January 1, 2015.
(5) Section 22 [agreements granting exclusive or limited franchises] of the Community Charter applies to the proponent and the local distribution utilities, but a municipality may not set rates or charge fees by means of a franchise agreement under that Act.