21Cost of investigations and approvals

21 Cost of investigations and approvals

(1)  In this regulation, each of the following is a relevant activity of the Regulator in respect of the Hydro-Electric Corporation:

(a) the conduct and reporting of a pricing investigation for the purposes of regulation 17 and the giving, or publication, of any notice required under these regulations to be given in relation to such an investigation or report;

(b) the making or revocation of an approval under section 43G of the Act pursuant to the final report and the publishing of a copy of the approval or revocation.

(2)  The Regulator may send a notice of expenses to the Hydro-Electric Corporation in relation to a relevant activity of the Regulator.

(3)  A notice of expenses to the Hydro-Electric Corporation is a notice specifying –

(a) the amount of the expenses determined by the Regulator to be payable by the Hydro-Electric Corporation in respect of all or part of the expenses, reasonably incurred by the Regulator, arising from a relevant activity of the Regulator; and

(b) the date on or before which the expenses are to be paid by the Hydro-Electric Corporation.

(4)  A date specified in a notice to the Hydro-Electric Corporation in accordance with subregulation (3)(b) is not to be earlier than 30 days after the notice is sent to the Corporation.

(5)  If a notice of expenses is sent to the Hydro-Electric Corporation, the Hydro-Electric Corporation is liable to pay, to the Regulator, on or before the date specified in the notice as the date by which the amount is to be paid, the amount of the expenses specified in the notice.

(6)  The Regulator may recover in a court of competent jurisdiction, as a debt due and owing, an amount that the Hydro-Electric Corporation is liable to pay under subregulation (5) .