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An Act to Govern the Supply of Natural Gas in Manitoba and to amend The Public Utilities Board Act

S.M. 1987-88, c. 65

An Act to Govern the Supply of Natural Gas in Manitoba and to amend The Public Utilities Board Act

Table of Contents

1 Definitions.
PART I
THE MANITOBA NATURAL GAS CORPORATION ORGANIZATION AND POWERS
2 Establishment of Corporation.
(2) Capital.
(3) Issue of shares.
3 Board of directors.
(2) Terms of Office.
(3) Vacancy.
(4) Temporary members of board.
(5) Authority for M. L. A. to be member of board.
4 Chairperson of board.
(2) Vice-chairperson of board.
(3) Powers and duties of vice-chairperson.
(4) Quorum.
(5) Remuneration.
(6) Meetings of the board.
(7) Meetings at request of majority of board.
5 Appointment of President.
(2) President.
(3) Duties of President.
6 Head office.
(2) Minutes.
(3) Public nature of minutes.
7 Liability of board members.
8 Powers and duties of board.
(2) Resolutions.
9 Agent of Her Majesty.
(2) Corporate capacity as agent of the Crown.
(3) Limitation on court proceedings.
(4) Property of Her Majesty.
10 General powers of the Corporation.
(2) Capacity of Corporation.
(3) Extraterritorial operation.
(4) Delegation of powers and duties.
(5) Exercise of powers.
11 Corporation may acquire property.
(2) Disposal of property.
(3) Terms and conditions.
(4) Application of Expropriation Act.
12 Corporation may purchase securities.
(2) Corporate representation.
FINANCE
13 Advances by Minister of Finance.
(2) Raising required moneys.
14 Corporation may borrow.
(2) Issue of securities.
(3) Resolution authorizing issue is conclusive evidence.
(4) Sale or other disposition of securities.
(5) Reissue of securities.
(6) Mechanical reproduction of seal and signature.
(7) Effect of mechanical reproduction.
(8) Short term loans.
(9) Maximum amounts of short term loans.
(10) Investment by Minister of Finance.
(11) Minister of Finance to negotiate.
(12) Form and manner of execution of securities.
15 Guarantee by the government of Manitoba.
(2) Form and manner of guarantees.
(3) Liability on signing.
(4) Authority to raise loans in other currencies.
(5) Signature of guarantees.
(6) Satisfaction of guarantees.
16 Establishment of stabilization funds.
(2) Amount of stabilization fund to be fixed.
(3) Regulations.
(4) Payment to Minister of Finance.
(5) Investment of stabilization funds.
17 Establishment of reserve or sinking funds.
(2) Payment to Minister of Finance.
(3) Investment by Minister of Finance.
(4) Re-investment.
GENERAL PROVISIONS
18 Fiscal year.
19 Banking.
20 Accounting records.
(2) Audit.
(3) Special audits and reports.
21 Annual report.
(2) Reports to be tabled.
(3) Additional reports.
22 Taxation and charges.
23 Grant in lieu of cost of municipal and school services.
24 Payment in lieu of income taxes.
25 Instrument not invalid.
26 Regulations.
27 Certain Acts do not apply.
(2) Idem.
PART II
NATURAL GAS SUPPLY
28 Commodity cost of gas.
(2) Effective date of maximum amount of commodity cost.
(3) Section deemed to be repealed.
29 Designation of purchasing agent.
(2) Order under Part IV of The Public Utilities Board Act.
(3) Terms and conditions of order.
(4) When Board may rescind order under subsection (2).
30 No liability for designating purchasing agent.
PART III
AMENDMENTS TO THE PUBLIC UTILITIES BOARD ACT
PETITIONS
PART IV
RATES AND OTHER MATTERS RELATED TO GAS
112 Definitions.
113 Application of Part.
(2) Other Parts apply.
114 Conditions of sale, delivery, etc.
115 Grant of franchise.
(2) Existing rights.
(3) Board may grant franchise.
(4) Terms and conditions of franchise.
116 Board may order delivery, etc. of gas.
(2) Duty of public utility.
117 Order in the case of a designated purchaser.
118 Effect of an order granting a franchise.
119 No liability of Crown etc.
120 Prohibition on sale, delivery, etc.
(2) Terms of orders of Board.
(3) Refunds.
(4) "Owner" defined.
121 Terms and conditions of orders.
122 Conflict with board order.
123 Burden of proof.
124 Orders on application.
125 Interim orders.
126 Criteria for board orders.
(2) Limitation re commodity price of gas.
(3) Deemed repeal of subsection (2).
(4) Board to include charges for stabilization fund.
127 Determination of rates, tolls or charges.
(2) Rate of return on shareholder equity.
(3) Effective date.
128 Enforcement of orders.
(2) Board may rescind or vary order at any time.
129 Power to review.
130 Regulations.
PART V
GENERAL
33 Short title.
34 Coming into force.