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 power line company 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 levy of $50,000.

(5) However, a company is not required to pay, for a year or any portion of a year, a cost recovery charge or administration levy payable under this section if the company pays a levy under section 5.2 or 5.3 in that year.