This is an official version.
Copyright © 2000: Queens Printer,
Statutes of Newfoundland 1992
AN ACT TO AMEND THE PUBLIC UTILITIES ACT
(Assented to April 13, 1992)
1. S.3.1 Added
Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:
RSN 1990 cP-47
1. The Public Utilities Act is amended by adding immediately after section 3 the following:
Exemption from Act
3.1 (1) Notwithstanding section 3, this Act does not apply to a public utility
(a) which first engages in the generation of electricity from water after April 30, 1987;
(b) whose total installed electrical generating capacity from water at each location within the province where it has equipment or facilities located is 15 megawatts or less; and
(c) which sells the electricity generated from a location referred to in paragraph (b) to another public utility.
(2) Subsection (1) does not apply to
(a) a corporation which is the holding company of a public utility regulated by this Act or a subsidiary, an affiliate or associate of that holding company; or
(b) a subsidiary, an affiliate or associate of a public utility regulated by this Act.
(3) In subsection (2) the word "associate" has the meaning assigned to it by paragraph 2(1)(d) of the Corporations Act.
(4) Sections 7, 8 and 9 of the Corporations Act apply to determine when a corporation is a subsidiary or an affiliate of another corporation for the purposes of subsection (2).
©Earl G. Tucker, Queen's Printer