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Statutes of Newfoundland and Labrador 2006


CHAPTER 26

AN ACT TO AMEND THE HYDRO CORPORATION ACT AND THE ELECTRICAL POWER
CONTROL ACT, 1994

(Assented to May 26, 2006)

Analysis


              HYDRO CORPORATION ACT

        1.   S.4 Amdt.
Supply of power

              ELECTRICAL POWER CONTROL ACT, 1994

        2.   S.24 Amdt.
Restrictions on business


Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:

HYDRO CORPORATION ACT

RSNL1990 cH-16
as amended

        1. Section 4 of the Hydro Corporation Act is amended by renumbering it as subsection (1) of section 4 and by adding immediately after subsection (1) the following:

             (2)  In addition to the objects referred to in subsection (1), the corporation may, in the province and elsewhere, engage in activities related to the exploration for, development, production, refining, marketing and transportation of, hydrocarbons and products from hydrocarbons.

             (3)  Notwithstanding subsections (1) and (2), the corporation may engage in those other activities that the Lieutenant-Governor in Council may approve.

ELECTRICAL POWER CONTROL ACT, 1994

SNL1994 c E-5.1
as amended

        2. Section 24 of the Electrical Power Control Act, 1994 is amended by adding immediately after subsection (2) the following:

             (3)  This section does not apply to Newfoundland and Labrador Hydro.