GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Gas Pipeline Uniform Accounting Regulations — 341
341 Extraordinary Income Deductions (1) A company shall include in this account all material losses constituting “Extraordinary Items”. ( See subsections 8(2) and (4) of these Regulations) (2) Representative list of Items of extraordinary deductions to be included in the account. ( See section 14 of these Regulations) Loss on an extraordinary retirement of depreciable plant ( See section 40) Loss on sale or retirement of depreciable Other Plant ( See section 43) Loss on sale or retirement of land ( See section 44) Loss on sale of assets included in Sinking Funds or Miscellaneous Special Funds ( See section 62) Loss on sale of Temporary Cash Investments ( See section 64) Reduction in the value of Temporary Cash Investments ( See section 65) Loss on sale of Investments in Affiliated Companies or Other Investments ( See section 66) Reduction in the value of Investments in Affiliated Companies or Other Investments ( See section 67) Loss on redemption of long-term debt ( See section 73) Loss on reacquisition of long-term debt ( See section 74) Preliminary Survey and Investigation Charges for projects not proceeded with ( See text of account 172)
Gas Pipeline Uniform Accounting Regulations — (1)
(1) A company shall include in this account all material losses constituting “Extraordinary Items”. ( See subsections 8(2) and (4) of these Regulations)
Gas Pipeline Uniform Accounting Regulations — (2)
(2) Representative list of Items of extraordinary deductions to be included in the account. ( See section 14 of these Regulations) Loss on an extraordinary retirement of depreciable plant ( See section 40) Loss on sale or retirement of depreciable Other Plant ( See section 43) Loss on sale or retirement of land ( See section 44) Loss on sale of assets included in Sinking Funds or Miscellaneous Special Funds ( See section 62) Loss on sale of Temporary Cash Investments ( See section 64) Reduction in the value of Temporary Cash Investments ( See section 65) Loss on sale of Investments in Affiliated Companies or Other Investments ( See section 66) Reduction in the value of Investments in Affiliated Companies or Other Investments ( See section 67) Loss on redemption of long-term debt ( See section 73) Loss on reacquisition of long-term debt ( See section 74) Preliminary Survey and Investigation Charges for projects not proceeded with ( See text of account 172)
Gas Pipeline Uniform Accounting Regulations — Gas Pipeline Uniform Accounting Regulations
The balance in all retained earnings accounts shall be closed to balance sheet account 212 (Retained Earnings) at the end of such calendar year or other fiscal year as is approved by the Commission for the closing of the company’s accounts.
Gas Pipeline Uniform Accounting Regulations — 350
350 Balance Transferred from Income This account shall show the debit or credit balances brought forward from the income accounts for the fiscal year.
Gas Pipeline Uniform Accounting Regulations — Gas Pipeline Uniform Accounting Regulations
This account shall show the debit or credit balances brought forward from the income accounts for the fiscal year.
Gas Pipeline Uniform Accounting Regulations — 351
351 Prior Period Adjustments (1) Unless otherwise directed by the Commission, a company shall include in this account all material adjustments to the income of prior fiscal years when such adjustments have all four of the characteristics set out in subsection 78(1). (2) Representative List of Items of Prior Period Adjustments to be included. ( See section 14 of these Regulations) Adjustments or settlements of income taxes Adjustments or settlements of claims resulting from litigation
Gas Pipeline Uniform Accounting Regulations — (1)
(1) Unless otherwise directed by the Commission, a company shall include in this account all material adjustments to the income of prior fiscal years when such adjustments have all four of the characteristics set out in subsection 78(1).
Gas Pipeline Uniform Accounting Regulations — (2)
(2) Representative List of Items of Prior Period Adjustments to be included. ( See section 14 of these Regulations) Adjustments or settlements of income taxes Adjustments or settlements of claims resulting from litigation
Gas Pipeline Uniform Accounting Regulations — 352
352 Miscellaneous Retained Earnings Adjustments (1) This account shall include adjustments to retained earnings not provided for elsewhere. (2) A company shall not use this account without obtaining the prior approval of the Commission.
Gas Pipeline Uniform Accounting Regulations — (1)
(1) This account shall include adjustments to retained earnings not provided for elsewhere.
Gas Pipeline Uniform Accounting Regulations — (2)
(2) A company shall not use this account without obtaining the prior approval of the Commission.
Gas Pipeline Uniform Accounting Regulations — 353
353 Income Tax Applicable to Retained Earnings Adjustments This account shall include the estimated federal, provincial or other government income taxes (debit or credit) assignable to the aggregate of items, of both taxable income and deductions from taxable income, that, for accounting purposes, are recorded in retaining earnings accounts.
Gas Pipeline Uniform Accounting Regulations — Gas Pipeline Uniform Accounting Regulations
This account shall include the estimated federal, provincial or other government income taxes (debit or credit) assignable to the aggregate of items, of both taxable income and deductions from taxable income, that, for accounting purposes, are recorded in retaining earnings accounts.
Gas Pipeline Uniform Accounting Regulations — 357
357 Dividend Appropriations (1) This account shall include the amount of dividends declared out of retained earnings during the year on all classes of outstanding shares. (2) Subsidiary records shall be maintained showing separately the dividends declared on each class of shares. (3) When dividends are paid in other than money, complete details of each transaction shall be maintained. (4) Dividends declared out of contributed surplus shall be debited to account 210 (Contributed Surplus).
Gas Pipeline Uniform Accounting Regulations — (1)
(1) This account shall include the amount of dividends declared out of retained earnings during the year on all classes of outstanding shares.
Gas Pipeline Uniform Accounting Regulations — (2)
(2) Subsidiary records shall be maintained showing separately the dividends declared on each class of shares.
Gas Pipeline Uniform Accounting Regulations — (3)
(3) When dividends are paid in other than money, complete details of each transaction shall be maintained.
Gas Pipeline Uniform Accounting Regulations — (4)
(4) Dividends declared out of contributed surplus shall be debited to account 210 (Contributed Surplus).
Gas Pipeline Uniform Accounting Regulations — (1)
(1) The total of the balances in the plant accounts shall equal the total of the balance sheet accounts 100 (Gas Plant in Service), 101 (Gas Plant Leased to Others), 102 (Gas Plant Held for Future Use) and 107 (Improvements to Facilities Leased from Others).
Gas Pipeline Uniform Accounting Regulations — (2)
(2) Where the same account title is used for more than one group of plant accounts, the account text instructions are given in detail for the accounts under the gathering plant group.
Gas Pipeline Uniform Accounting Regulations — 401
401 Franchises and Consents (1) This account shall include (a) amounts paid to federal, provincial or other governmental authorities in consideration for franchises, consents or certificates running in perpetuity or for a specified term of more than one year; and (b) expenses incidental to procuring the franchises, consents or certificates of permission and approval. (2) Where a franchise, consent or certificate is acquired by assignment, the amount paid to the assignor shall be debited to this account. (3) Where a franchise, consent or certificate is retired or expires, the book cost shall be credited to this account. (4) Where a franchise, consent or certificate referred to in subsection (3) is depreciable, the book cost shall be debited to account 105 (Accumulated Depreciation — Gas Plant) or account 106 (Accumulated Amortization — Gas Plant), as applicable. ( See section 40 and subsection 51(2) of these Regulations) (5) Where the franchise, consent or certificate referred to in subsection (3) is not depreciable and the gain or loss from the retirement or expiration is material, the company shall inform the Regulator and, unless otherwise directed by the Commission, shall transfer the amount of the gain or loss to account 331 (Extraordinary Income) or account 341 (Extraordinary Income Deductions), as applicable. (6) Where the franchise, consent or certificate referred to in subsection (3) is not depreciable and the gain or loss from the retirement or expiration is not material, the gain or loss shall be transferred to account 319 (Other Income) or account 329 (Other Income Deductions), as applicable. (7) Assessments with respect to franchises, consents or certificates shall not be included in this account.
Gas Pipeline Uniform Accounting Regulations — (1)
(1) This account shall include (a) amounts paid to federal, provincial or other governmental authorities in consideration for franchises, consents or certificates running in perpetuity or for a specified term of more than one year; and (b) expenses incidental to procuring the franchises, consents or certificates of permission and approval.
Gas Pipeline Uniform Accounting Regulations — (a)
(a) amounts paid to federal, provincial or other governmental authorities in consideration for franchises, consents or certificates running in perpetuity or for a specified term of more than one year; and
Gas Pipeline Uniform Accounting Regulations — (b)
(b) expenses incidental to procuring the franchises, consents or certificates of permission and approval.
Gas Pipeline Uniform Accounting Regulations — (2)
(2) Where a franchise, consent or certificate is acquired by assignment, the amount paid to the assignor shall be debited to this account.
Gas Pipeline Uniform Accounting Regulations — (3)
(3) Where a franchise, consent or certificate is retired or expires, the book cost shall be credited to this account.
Gas Pipeline Uniform Accounting Regulations — (4)
(4) Where a franchise, consent or certificate referred to in subsection (3) is depreciable, the book cost shall be debited to account 105 (Accumulated Depreciation — Gas Plant) or account 106 (Accumulated Amortization — Gas Plant), as applicable. ( See section 40 and subsection 51(2) of these Regulations)
Gas Pipeline Uniform Accounting Regulations — (5)
(5) Where the franchise, consent or certificate referred to in subsection (3) is not depreciable and the gain or loss from the retirement or expiration is material, the company shall inform the Regulator and, unless otherwise directed by the Commission, shall transfer the amount of the gain or loss to account 331 (Extraordinary Income) or account 341 (Extraordinary Income Deductions), as applicable.
Gas Pipeline Uniform Accounting Regulations — (6)
(6) Where the franchise, consent or certificate referred to in subsection (3) is not depreciable and the gain or loss from the retirement or expiration is not material, the gain or loss shall be transferred to account 319 (Other Income) or account 329 (Other Income Deductions), as applicable.
Gas Pipeline Uniform Accounting Regulations — (7)
(7) Assessments with respect to franchises, consents or certificates shall not be included in this account.
Gas Pipeline Uniform Accounting Regulations — 402
402 Other Intangible Plant (1) This account shall include the cost of patent rights, allowances, privileges and other intangible plant necessary or valuable in the operation of a company’s gas pipeline service and not specifically provided for elsewhere. (2) When any item included in this account is retired or expires, the cost shall be credited to this account. (3) Where the item referred to in subsection (2) is depreciable, the cost shall be debited to account 105 (Accumulated Depreciation — Gas Plant) or account 106 (Accumulated Amortization — Gas Plant), as applicable. ( See section 40 and subsection 51(2) of these Regulations) (4) Where the item referred to in subsection (2) is not depreciable and the gain or loss from the retirement or expiration is material, the company shall inform the Regulator and, unless otherwise directed by the Commission, shall transfer the amount of the gain or loss to account 331 (Extraordinary Income) or account 341 (Extraordinary Income Deductions), as applicable. (5) Where the item referred to in subsection (2) is not depreciable and the gain or loss from the retirement or expiration is not material, the gain or loss shall be transferred to account 319 (Other Income) or account 329 (Other Income Deductions), as applicable.
Gas Pipeline Uniform Accounting Regulations — (1)
(1) This account shall include the cost of patent rights, allowances, privileges and other intangible plant necessary or valuable in the operation of a company’s gas pipeline service and not specifically provided for elsewhere.
Gas Pipeline Uniform Accounting Regulations — (2)
(2) When any item included in this account is retired or expires, the cost shall be credited to this account.
Gas Pipeline Uniform Accounting Regulations — (3)
(3) Where the item referred to in subsection (2) is depreciable, the cost shall be debited to account 105 (Accumulated Depreciation — Gas Plant) or account 106 (Accumulated Amortization — Gas Plant), as applicable. ( See section 40 and subsection 51(2) of these Regulations)
Gas Pipeline Uniform Accounting Regulations — (4)
(4) Where the item referred to in subsection (2) is not depreciable and the gain or loss from the retirement or expiration is material, the company shall inform the Regulator and, unless otherwise directed by the Commission, shall transfer the amount of the gain or loss to account 331 (Extraordinary Income) or account 341 (Extraordinary Income Deductions), as applicable.
Gas Pipeline Uniform Accounting Regulations — (5)
(5) Where the item referred to in subsection (2) is not depreciable and the gain or loss from the retirement or expiration is not material, the gain or loss shall be transferred to account 319 (Other Income) or account 329 (Other Income Deductions), as applicable.
Gas Pipeline Uniform Accounting Regulations — (1)
(1) This account shall include (a) the cost of land owned in fee simple and used for the construction and operation of pipelines; and (b) the costs of removing the property of others from the land and of relocating such property.
Gas Pipeline Uniform Accounting Regulations — (a)
(a) the cost of land owned in fee simple and used for the construction and operation of pipelines; and
Gas Pipeline Uniform Accounting Regulations — (b)
(b) the costs of removing the property of others from the land and of relocating such property.
Gas Pipeline Uniform Accounting Regulations — (2)
(2) The cost of land not used in gas pipeline service or for which there is no definite plan for use in pipeline service shall be debited to account 110 (Other Plant).
Gas Pipeline Uniform Accounting Regulations — (3)
(3) Where the purchase of land for gas pipeline service requires the purchase of more land than is needed for such purposes, the charge to the specific land account shall be based upon the cost of the land purchased, less the fair market value of that portion of land that may not be included in account 100, 101 or 102.
Gas Pipeline Uniform Accounting Regulations — (4)
(4) The portion of the cost of land referred to in subsection (3) that may not be included in account 100, 101 or 102 shall be debited to account 110 (Other Plant).
Gas Pipeline Uniform Accounting Regulations — (5)
(5) The cost of acquiring options to purchase land for use in contemplated projects shall be debited to account 172 (Preliminary Survey and Investigation Charges) pending a determination as to whether or not to proceed with such projects.
Gas Pipeline Uniform Accounting Regulations — (6)
(6) The costs of acquiring options to purchase land for use in current construction projects shall be debited to account 115 (Gas Plant Under Construction).
Gas Pipeline Uniform Accounting Regulations — (7)
(7) Net proceeds from the sale of timber, minerals or improvements that were part of the land cost shall be credited to this account.
Gas Pipeline Uniform Accounting Regulations — (8)
(8) Any excess of the net proceeds referred to in subsection (7) over the original cost of the timber, minerals or improvements included in the land cost shall be credited to account 319 (Other Income) if the excess is not material or, if material, to account 331 (Extraordinary Income) after Commission approval has been obtained.
Gas Pipeline Uniform Accounting Regulations — (9)
(9) When land is acquired together with buildings, the cost shall be fairly apportioned between land and buildings and accounted for accordingly unless the plan of acquisition contemplates the immediate removal of the buildings, in which case the entire cost shall be debited to this account and any salvage value from the buildings shall be credited to this account.
Gas Pipeline Uniform Accounting Regulations — (10)
(10) Gains or losses arising from the sale of land shall be debited or credited to the appropriate income account. ( See section 44 of these Regulations)
Gas Pipeline Uniform Accounting Regulations — (11)
(11) The cost of clearing, levelling or grading land, both before and after the construction of facilities thereon, shall, if directly related to such facilities, be included in the plant accounts provided for the cost of the facilities constructed.
Gas Pipeline Uniform Accounting Regulations — (12)
(12) Representative List of Items of Land to be included. ( See section 14 of these Regulations) Abstract Appraisal Arbitrator in expropriation cases Commissions paid to others Compensation and expenses of outside land agents when specifically assigned to acquisition of land, but not arbitrary apportionments for incidental services Ditch for waterway when part of consideration Engineering and survey expenses in connection with purchase of land in fee simple Expropriation expenses, including court costs and special counsel fees Judgments and decreed costs to clear or defend titles Legal and notarial fees Plans Premium on expropriation bonds Registering, filing and depositing title documents and plans Payments for release and discharge of encumbrances and charges against the land Payments for release from restrictive provisions of original title documents and for other rights Removal and relocation of buildings and other structures not purchased Rent of land when part of consideration for purchase Taxes accrued and assumed at time of purchase
Gas Pipeline Uniform Accounting Regulations — 411
411 Land Rights (1) This account shall include amounts paid for land rights or easements and the cost incurred in connection with obtaining those land rights. (2) Temporary land rights or easements used for construction purposes only and the cost of clearing, levelling or grading land for which the company has acquired land rights both before and after the construction of facilities thereon, but directly related to such facilities, shall be included in the plant account provided for the facilities constructed. (3) Net proceeds from the sale of timber, minerals or improvements that were part of the cost of land rights shall be credited to this account. (4) Any excess of the net proceeds referred to in subsection (3) over the original cost of the timber, minerals or improvements included in the cost of the land rights shall be credited to account 319 (Other Income) if the excess is not material or, if material, to account 331 (Extraordinary Income) after Commission approval has been obtained. (5) Representative List of Items of Land Rights to be included. ( See section 14 of these Regulations) Abstract expense Engineering and survey expenses in connection with expropriation Expropriation expense Fees and costs of registering, filing and depositing title documents and plans Costs of obtaining judgments and decrees relating to the clearing or defending of titles Legal and notarial fees Outside land right agents, compensation Plats Premiums on expropriation bonds Payments for release and discharge of encumbrances and charges against the lands affected by the land rights Payments for tenants’ consents, options and easements Servitudes
Gas Pipeline Uniform Accounting Regulations — (1)
(1) This account shall include amounts paid for land rights or easements and the cost incurred in connection with obtaining those land rights.
Gas Pipeline Uniform Accounting Regulations — (2)
(2) Temporary land rights or easements used for construction purposes only and the cost of clearing, levelling or grading land for which the company has acquired land rights both before and after the construction of facilities thereon, but directly related to such facilities, shall be included in the plant account provided for the facilities constructed.
Gas Pipeline Uniform Accounting Regulations — (3)
(3) Net proceeds from the sale of timber, minerals or improvements that were part of the cost of land rights shall be credited to this account.
Gas Pipeline Uniform Accounting Regulations — (4)
(4) Any excess of the net proceeds referred to in subsection (3) over the original cost of the timber, minerals or improvements included in the cost of the land rights shall be credited to account 319 (Other Income) if the excess is not material or, if material, to account 331 (Extraordinary Income) after Commission approval has been obtained.
Gas Pipeline Uniform Accounting Regulations — (5)
(5) Representative List of Items of Land Rights to be included. ( See section 14 of these Regulations) Abstract expense Engineering and survey expenses in connection with expropriation Expropriation expense Fees and costs of registering, filing and depositing title documents and plans Costs of obtaining judgments and decrees relating to the clearing or defending of titles Legal and notarial fees Outside land right agents, compensation Plats Premiums on expropriation bonds Payments for release and discharge of encumbrances and charges against the lands affected by the land rights Payments for tenants’ consents, options and easements Servitudes
Gas Pipeline Uniform Accounting Regulations — 412
412 Compressor Structures and Improvements (1) This account shall include (a) the cost of structures and related facilities used in connection with the compressor function of gas gathering operations; and (b) where directly related to the structures, facilities or function referred to in paragraph (a), the cost of improvements to such structures or facilities and the cost of clearing, levelling or grading land both before and after construction of the structures or facilities. (2) Representative List of Items of Compressor Structures and Improvements to be included. ( See section 14 of these Regulations) Boiler Building Drainage system Fencing Heating system Hoisting equipment, attached to building Lighting system Lightning arrestor Loading dock Outdoor steel walkways and steps Parking bumper Pipe rack Plumbing system Protection system Reservoir Road Sewage system Sidewalk Sprinkler system Vehicular bridge Ventilating system Water line Water well
Gas Pipeline Uniform Accounting Regulations — (1)
(1) This account shall include (a) the cost of structures and related facilities used in connection with the compressor function of gas gathering operations; and (b) where directly related to the structures, facilities or function referred to in paragraph (a), the cost of improvements to such structures or facilities and the cost of clearing, levelling or grading land both before and after construction of the structures or facilities.
Gas Pipeline Uniform Accounting Regulations — (a)
(a) the cost of structures and related facilities used in connection with the compressor function of gas gathering operations; and