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Acts and Regulations
2005-4
- Fees
Table of contents
Enabling Act
1
Regulation number
Title
U-1.1
Underground Storage Act
Full text
Current to 1 January 2024
NEW BRUNSWICK
REGULATION 2005-4
under the
Underground Storage Act
(O.C. 2005-17)
Filed January 26, 2005
Under section 22 of the
Underground Storage Act
, the Lieutenant-Governor in Council makes the following Regulation:
Citation
1
This Regulation may be cited as the
Fees Regulation
-
Underground Storage Act
.
Definition of “Act”
2
In this Regulation, “Act” means the
Underground Storage Act
.
Application fees
3
For the purposes of the Act and this Regulation, application fees are prescribed as follows:
(
a
)
underground storage exploration
licence
..............
$250.00;
(
b
)
storage lease
..............
$250.00;
(
c
)
construction permit
..............
$250.00.
Rental fee
4
(1)
An applicant for an underground storage exploration licence shall pay a rental fee of $0.50 for each hectare covered by the licence.
4
(2)
A rental fee of $0.50 for each hectare covered by the licence is due and payable in the second and third years of the underground storage exploration licence on or before the anniversary date of the granting of the licence.
Exploration work
5
For the purposes of subsection 8(2) of the Act, the extent and value of exploration work to be performed by the holder of an underground storage exploration licence shall not be less than
(
a
)
$0.62 per hectare per year during the first year of the licence;
(
b
)
$1.50 per hectare per year during the second year of the licence; and
(
c
)
$2.25 per hectare per year during the third year of the licence.
N.B.
This Regulation is consolidated to January 26, 2005.
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