National Energy Board Cost Recovery Regulations

5.2 (1) Subject to subsections (3) and (4), any company that obtains a certificate or an exemption order under section 58 of the Act permitting the construction and operation of a pipeline shall pay to the Board a levy equal to 0.2% of the estimated cost of construction of the pipeline, as estimated by the Board in its decision issuing the certificate or making the order.

(2) The levy is payable to the Board within 90 days after the issuance by the Board of an invoice for the levy to the company.

(3) No levy is payable by a company in respect of the obtaining of the certificate or the exemption order if the company previously obtained a certificate that continues to be in force or an exemption order that continues to apply.

(4) This section applies to companies that file an application for a certificate or an exemption order after the coming into force of this section.