Hyperlawhypertext legal database National Energy Board Act

← Historical versions

Versions of s. 118

N-7 — National Energy Board Act · 2 versions

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

  1. 2012-07-06 to present available View Source
    On an application for a licence,licence to export oil or gas, the Board shall havesatisfy itself that the quantity of oil or gas to be exported does not exceed the surplus remaining after due allowance has been made for the reasonably foreseeable requirements for use in Canada, having regard to allthe considerationstrends thatin appearthe todiscovery itof tooil beor relevantgas andin shallCanada.
    Full text

    On an application for a licence to export oil or gas, the Board shall satisfy itself that the quantity of oil or gas to be exported does not exceed the surplus remaining after due allowance has been made for the reasonably foreseeable requirements for use in Canada, having regard to the trends in the discovery of oil or gas in Canada.

  2. 2002-12-31 to 2012-07-06 View Source

    On an application for a licence, the Board shall have regard to all considerations that appear to it to be relevant and shall