Clean Up Hydro One Act, 2002 Hampton, Howard — Bill 82 (37th Parliament, 3rd Session)

Bill 82, 37-3

Ontario — Bills

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Bill 82, Clean Up Hydro One Act, 2002

Hampton, Howard

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[37] Bill 82 Original (PDF)

Bill 82 2002

An Act respecting

the compensation of

Hydro One Inc. executives

and sponsorships and political

contributions by Hydro One Inc.

and other entities

Her Majesty, by and with the advice and consent of the Legislative

Assembly of the Province of Ontario, enacts as follows:

Definitions

1. In this Act,

"compensation" means all payments and benefits resulting from employment,

as prescribed; ("rétribution")

"executive" means a director or officer or the holder of any other

prescribed position; ("cadre")

"government-controlled entity" means an agency, board or commission of the

Government of Ontario or any other entity owned, controlled or operated by

Her Majesty in right of Ontario, or by the Government of Ontario, or under

the authority of the Legislature or the Lieutenant Governor in Council;

("entité contrôlée par le gouvernement")

"prescribed" means prescribed by the regulations made under this Act;

("prescrit")

"sponsorship", when used in relation to an entity, means the entity's

agreement or arrangement to sponsor an athletic or cultural event or a

person's participation in such an event. ("parrainage")

Compensation of Hydro One Inc. executives

(1) On and after June 3, 2002,

an executive of Hydro One Inc. is not entitled to receive compensation that

exceeds the amount prescribed for his or her category.

Prohibited elements of compensation

(2) On and after June 3, 2002, an executive of Hydro One Inc.

is not entitled to receive, as part of his or her compensation,

(

a) a watercraft or the use of a watercraft;

(

b) a motor vehicle or the use of a motor vehicle whose value exceeds the

prescribed amount; or

(

c) anything or the use of anything that constitutes prescribed luxury

goods.

Payment in respect of termination

(1) An executive of Hydro One

Inc. is not entitled to receive a payment in respect of the termination of

his or her employment on or after June 3, 2002 that exceeds what would be

payable under

section 65 of the Employment Standards Act, 2000 .

Same

(2) Subsection (1) applies whether the employment is terminated

by resignation or dismissal or in some other way.

Sponsorships

Review by Integrity Commissioner

(1) The Integrity Commissioner

shall review all sponsorships of Hydro One Inc. and may review any

sponsorship of any other government-controlled entity.

Policies

(2) The Integrity Commissioner shall prepare a document setting

out policies with respect to sponsorships and shall, on or before September

1, 2002, submit it to the Speaker of the Legislative Assembly, who shall make

it public.

Compliance

(3) Hydro One Inc. shall comply with the policies on and after

the day they are made public.

Same

(4) Subsection (3) also applies to all other

government-controlled entities.

No political contributions

(1) Hydro One Inc. is not

permitted to make contributions as defined in the Election Finances

Act .

Same

(2) Subsection (1) also applies to all other

government-controlled entities.

Regulations

(1) The Lieutenant Governor in

Council may, by regulation,

(

a) prescribe payments and benefits for the purposes of the definition of

"compensation" in

section 1;

(

b) prescribe positions for the purposes of the definition of "executive"

section 1, and establish categories of executives for the purpose of

subsection 2 (1);

(

c) for every category, prescribe an amount for the purpose of subsection

2 (1), in accordance with subsection (3) of this section;

(

d) prescribe an amount for the purpose of clause 2 (2) (b);

(

e) prescribe luxury goods for the purpose of clause 2 (2) (c).

Retroactivity

(2) Regulations made under subsection (1) may be made

retroactive to a date on or after June 3, 2002.

Prescribed amounts re compensation

(3) The prescribed amounts mentioned in clause (1) (

c) shall be

calculated as follows:

1. Two or more public sector electricity transmission companies in

Canadian provinces outside Ontario that are comparable to Hydro One Inc.

shall be identified.

2. The average compensation received by executives in the relevant

category of each identified company shall be established.

3. The prescribed amount is 110 per cent of the average of the amounts

established under paragraph 2.

Prescribed amount re motor vehicle

(4) The prescribed amount mentioned in clause 2 (2) (

b) shall

reflect the value of the motor vehicle, if any, that an average Ontarian

could be expected to own.

Commencement

7. This Act comes into force on the day it receives

Royal Assent.

Short title

8. The

short title of this Act is the Clean Up

Hydro One Act, 2002 .

EXPLANATORY NOTE

The Bill provides that the compensation of executives of Hydro One Inc.

shall not exceed amounts established by regulation, using comparisons to

executive positions with comparable companies in other provinces. Termination

payments are limited to what would be payable under

section 65 of the

Employment Standards Act, 2000 .

The Integrity Commissioner will review Hydro One's sponsorships of

athletic and cultural events, and establish binding policies to govern them.

These policies will also apply to sponsorships engaged in by other

government-controlled entities.

Hydro One is not permitted to make provincial political contributions.

This restriction also applies to other government-controlled entities.

Date Bill stage Activity Committee

June 4, 2002

First Reading

Carried

Debates and Progress

First Reading

June

4, 2002

Second Reading

Committee

Third Reading

Royal Assent :

Coming into force :Royal Assent.

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Document details

Collection	Ontario — Bills
Citation	Bill 82, 37-3
Type	bill
Volume / chapter	p37 s3 bill 82 html
Language	en
Format	html
Source	PROVINCIAL
Identifier	6050d9577d5921e89ff9a83048288a2d4e449cab

Source file is stored in the law ingest library (html).