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S-34.1, r. 3 - Regulation respecting petroleum exploration, production and storage licences, and the pipeline construction or use authorization
Section 182
Disposition versions
182. A holder of an exploration, production or storage licence referred to in any of sections 269 to 271 of the Act must, within 12 months after 20 September 2018, provide to the Minister the proof of solvency provided for in section 165.
The liability insurance policy in the amount of $1,000,000, a copy of which certified by the police has been submitted to the Minister under section 17 of the Regulation respecting petroleum, natural gas and underground reservoirs (chapter M-13.1, r. 1), must remain valid until the holder provides the proof of solvency to the Minister.
In force: 2018-09-20
182. A holder of an exploration, production or storage licence referred to in any of sections 269 to 271 of the Act must, within 12 months after 20 September 2018, provide to the Minister the proof of solvency provided for in section 165.
The liability insurance policy in the amount of $1,000,000, a copy of which certified by the police has been submitted to the Minister under section 17 of the Regulation respecting petroleum, natural gas and underground reservoirs (chapter M-13.1, r. 1), must remain valid until the holder provides the proof of solvency to the Minister.
