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Orders in Council Database

Order Details

Order Number:

OC2023-068

Order Date:

2023-03-28

Department:

Environment and Climate Change

Authority:

Hydro Corporation Act, 2007

Order Text:

Under the authority of subsection 39(3) of the Hydro Corporation Act, 2007, and

subsections 245(1), 245(2) and 245(8) of the Corporations Act, the Lieutenant-

Governor in Council hereby directs the Board of Directors of Newfoundland and

Labrador Hydro to establish a sales price floor for performance credits earned through

the Management of Greenhouse Gas Regulations and held by Newfoundland and

Labrador Hydro at a rate no less than that on file with the Clerk of the Executive

Council.

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