CACERCanadian Energy Regulator Act, s. 164Primary legislationIn force

Amount to be paid

Section 164 of the Canadian Energy Regulator Act specifies payment obligations for the Regulator to compensate claimants. The Regulator must pay interim and final compensation amounts, costs, and interest (accrued at the Income Tax Act refund rate) within prescribed timeframes, as well as tribunal-awarded fees and travel expenses as authorized by regulations.

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Extracted view for reading · Original for compliance evidence

Amount to be paid

164 (1) The Regulator must, subject to section 165 and within the prescribed period, pay to the claimant (a) the amount of interim compensation indicated in the notice referred to in section 162; (b) subject to the regulations, the amount of compensation and costs indicated in the notice referred to in subsection 163(2) and any interest payable; and (c) if the amount of compensation and costs indicated in the notice referred to in subsection 169(2) is more than the amount paid by the Regulator under paragraph (b), subject to the regulations, an amount equal to the difference between those amounts. (2) If the regulations provide for interest with respect to a claim for compensation, the interest accrues at the rate prescribed under the Income Tax Act for amounts payable by the Minister of National Revenue as refunds of overpayments of tax under that Act that are in effect from time to time. (3) If it is authorized to do so by the regulations, a Tribunal may, in accordance with the regulations, award fees and travel expenses. If the Tribunal awards fees and travel expenses, it must advise the Regulator, by notice, of the amount awarded and the Regulator must pay that amount.

Source

https://laws-lois.justice.gc.ca/eng/acts/C-15.1/section-164.html

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

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