Bill 14 — Third Session, 29Th Legislature, 66 Elizabeth Ii the Legislative Assembly of Alberta Bill 14 An Act To Support Orphan Well Rehabilitation (Legislature 29, Session 3)

L29 S3 11701

Alberta — Bills

2017 Bill 14 Third Session, 29th Legislature, 66 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL 14

AN ACT TO SUPPORT ORPHAN WELL REHABILITATION THE MINISTER OF ENERGY First Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Second Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Committee of the Whole . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Third Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Royal Assent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1 Bill 14 BILL 14 2017

AN ACT TO SUPPORT ORPHAN WELL REHABILITATION ( A s s e n t e d t o , 2 0 1 7 ) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: Amends RSA 2000 cO-6 1 The Oil and Gas Conservation Act is amended by this Act. 2

Section 70(1) is amended by adding the following after clause (a): (a.1) to repay the principal and to pay interest and any other borrowing costs under a loan agreement entered into by a delegated authority established or designated under this Part for the purposes of conducting suspension, abandonment and reclamation in respect of orphan wells, facilities, facility sites and well sites; 3 The following is added after

section 76.1: Borrowing and advances 76.2 The President of Treasury Board, Minister of Finance may, on behalf of the Crown, make loans to a delegated authority established or designated by regulations made under this Part.

1 Explanatory Notes Explanatory Notes 1 Amends

chapter O-6 of the Revised Statutes of Alberta 2000. 2

Section 70(1) presently reads in part: 70(1) The purposes of the orphan fund are (

a) to pay for suspension costs, abandonment costs and related reclamation costs in respect of orphan wells, facilities, facility sites and well sites where the work is carried out (

i) by the Regulator, (ii) by a person authorized by the Regulator, or (iii) by a Director or a person authorized by a Director in accordance with the Environmental Protection and Enhancement Act; 3 Borrowing and advances.

RECORD OF DEBATE Stage Date Member From To Questions and Comments From To Stage Date Member From To Questions and Comments From To Stage Date Member From To Questions and Comments From To Stage Date Member From To Questions and Comments From To Title: 2017(29th, 3rd) Bill 14,

An Act to Support Orphan Well Rehabilitation

Document details

Collection	Alberta — Bills
Citation	L29 S3 11701
Type	bill
Volume / chapter	L29 S3 11701
Language	en
Format	json
Source	PROVINCIAL
Identifier	c0831b54e57ba2530af75928c7c75bbf99b77c38

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