Acts and Regulations

2013, c.7 - Electricity Act

Full text
Arrangements
144For the purposes of any matter that comes before the Board after the amalgamation under subsection 3(1), any contracts, agreements or other arrangements entered into before the commencement of that subsection by any of the following corporations shall be deemed to be prudent and reasonable:
(a) the New Brunswick Power Generation Corporation; or
(b) an amalgamating corporation that, before the commencement of subsection 3(1), was not subject to the regulatory oversight of the Board.
Arrangements
144For the purposes of any matter that comes before the Board after the amalgamation under subsection 3(1), any contracts, agreements or other arrangements entered into before the commencement of that subsection by any of the following corporations shall be deemed to be prudent and reasonable:
(a) the New Brunswick Power Generation Corporation; or
(b) an amalgamating corporation that, before the commencement of subsection 3(1), was not subject to the regulatory oversight of the Board.