Examples of NEB Act in a sentence
Nothing contained herein shall affect or prejudice any right, present or future, which Trans Mountain may have under the provisions of the NEB Act or otherwise to acquire, use or occupy the Pipeline ROW Area, the Temporary Workspace Area or any other portions of or any right or interest registered against the title to the Lands of the Owner.
Trans Mountain shall compensate the Owner for all damages caused by the operations, Pipeline or abandoned Pipeline of Trans Mountain to the extent contemplated by the provisions of the NEB Act governing compensation.
Subject to the foregoing and to the provisions of the NEB Act and any regulations or orders made thereunder, the Owner shall have the right to use and enjoy the Pipeline ROW Area and the Temporary Workspace Area.
Companies regulated by the Board must comply with sections 86 and 87 of the NEB Act when they acquire the lands they have identified as necessary for the construction, operation, maintenance and abandonment of its facilities.
CRITICAL ACCOUNTING ESTIMATESASSET RETIREMENT OBLIGATIONSIn May 2009, the NEB released a report on the financial issues associated with pipeline abandonment and established a goal for pipelines regulated under the NEB Act to begin setting aside funds for abandonment no later than January 1, 2015.