Canada–Nova Scotia Offshore Petroleum Resources Accord Implementation and Offshore Renewable Energy Management Act | 1988, c. 28 — Canada law | Esheria

Canada–Nova Scotia Offshore Petroleum Resources Accord Implementation and Offshore Renewable Energy Management Act

This Act sets up Canada–Nova Scotia offshore energy management rules, creates the Regulator, and gives federal and provincial ministers oversight over certain decisions and recommendations.

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Jurisdiction
Canada
Instrument
Act or statute
Citation
1988, c. 28
Version
26 May 2026
Language
en
Official source
View official record ↗
authorizations benefits plans committee governance committee procedures confidentiality consultation requirements debris response document disclosure employee refusal rights environmental conditions financial assurance financial responsibility government payments incident reporting incident response information confidentiality information demands inquiries inspections liability licensing monitoring offshore operations offshore petroleum +27 more

Statute overview

About this statute

This Act sets up Canada–Nova Scotia offshore energy management rules, creates the Regulator, and gives federal and provincial ministers oversight over certain decisions and recommendations. This provision lets the Federal Minister, Provincial Minister, and Regulator issue and follow directives, review benefits plans, conduct hearings and public reviews, and manage offshore petroleum interest issuance. The provision sets out how significant discovery, production, and submerged land licences are issued, how they can change or end, and the reporting, registration, royalty, and transfer rules that apply. This provision gives an operator’s lien priority without registration, lets eligible persons demand information about a registered security notice, and sets disclosure, hearing, and cancellation rules for the Registrar, Regulator, court, and secured party. The Regulator may issue licences and authorizations for petroleum-related and offshore renewable energy activities, but applications, safety, environmental, and compliance conditions must be met.