45Project proponent must notify Authority if major project is abandoned or cancelled

45 Project proponent must notify Authority if major project is abandoned or cancelled

(1) If a major project is abandoned or cancelled, the project proponent for the project must: (a) notify the Authority of the abandonment or cancellation; and (b) do so within 60 days after the project is abandoned or cancelled. (2) A notification under subsection (1) must: (a) be in a form approved, in writing, by the Authority; and (b) be accompanied by such information as is specified in the legislative rules.