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Canada–Newfoundland and Labrador Atlantic Accord Implementation Act

Version of section 135.1 from 2016-02-27 to 2024-06-19:

Marginal note:Purpose

 The purpose of this Part is to promote, in respect of the exploration for and exploitation of petroleum,

  • (a) safety, particularly by encouraging persons exploring for and exploiting petroleum to maintain a prudent regime for achieving safety;

  • (b) the protection of the environment;

  • (b.1) accountability in accordance with the “polluter pays” principle;

  • (c) the conservation of petroleum resources; and

  • (d) joint production arrangements.

  • 1992, c. 35, s. 53
  • 2015, c. 4, s. 48

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