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NEWFOUNDLAND AND LABRADOR

REGULATION 40/23

Public Utilities Regulations

under the

Public Utilities Act

(O.C. 2023-116)

(Filed May 29, 2023)

Under the authority of

section 120 of the Public Utilities Act,

the Lieutenant-Governor in Council makes the following regulations.

Dated at St. Johns, May 26, 2023.

Krista Quinlan

Clerk of the Executive Council

REGULATIONS

Analysis

Short title

Definition

Threshold amount

Commencement

Short title

These regulations may be cited as the Public Utilities Regulations

40/23 s1

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Definition

In these regulations, "Act" means the Public Utilities Act

40/23 s2

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Threshold amount

For the purposes of subsection 41(3) of the Act, a public utility shall not proceed with the construction, purchase or lease of improvements or additions to its property without the prior approval of the board where

(

a) the cost of the construction or purchase is in excess of $750,000; or

(

b) the cost of the lease over the expected life of the lease is in excess of $750,000.

40/23 s3

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Commencement

These regulations come into force on the date the Electrical Power Control (Amendment) Act, 1994 and Public Utilities (Amendment) Act

comes into force.

40/23 s4

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