Canada–Yukon Oil and Gas Accord Implementation Act

Marginal note:Definitions

• 19 (1) The definitions in this section apply in sections 20 to 28.

  existing federal interest

  existing federal interest means

  • (a) an interest, within the meaning of section 2 of the Canada Petroleum Resources Act, in oil and gas in the Yukon Territory or the adjoining area in effect on the transfer date; or

  • (b) a production licence issued on or after the transfer date by virtue of section 23. (titres fédéraux existants)

  transfer date

  transfer date means the effective date of the first order of the Governor in Council made pursuant to section 47.1 of the Yukon Act, as amended by this Act, after this section comes into force that transfers the administration and control of oil and gas to the Commissioner of the Yukon Territory. (date de transfert)

• Marginal note:Definitions

  (2) The expressions adjoining area, gas, oil, oil and gas interest, territorial oil and gas minister and Yukon oil and gas laws in sections 20 to 28 have the same meaning as in section 2 of the Yukon Act, as it read immediately before the coming into force of this subsection.