National Energy Board Cost Recovery Regulations

4 (1) Each large oil pipeline company shall, every year, pay to the Board a cost recovery charge calculated in the manner set out in subsection 14(1).

(2) Each large gas pipeline company shall, every year, pay to the Board a cost recovery charge calculated in the manner set out in subsection 14(2).

(3) Each large electricity exporter shall, every year, pay to the Board a cost recovery charge calculated in the manner set out in subsection 14(3).

(4) Each large commodity pipeline company shall, every year, pay to the Board an administration fee of $50,000.

(5) Despite any other provision of these Regulations, no company is liable to pay, for a year or any portion of a year, any cost recovery charge or administration fee payable under this section if, in that year, the company pays a levy under section 5.2.