GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
Oil Pipeline Uniform Accounting Regulations — (c)
(c) the cost in respect of the acquisition of options to purchase land, land rights, easements and similar items for use in projects that are contemplated.
Oil Pipeline Uniform Accounting Regulations — (2)
(2) Where, as a result of the expenditures referred to in subsection (1), plant is acquired or constructed, this account shall be credited and the appropriate accounts debited with the costs related to that plant.
Oil Pipeline Uniform Accounting Regulations — (3)
(3) Where a project referred to in subsection (1) is not proceeded with, the costs included in this account shall be transferred to account 420 (Other Income Deductions), unless the amount is material, in which case the company shall inform the Regulator and, unless otherwise directed by the Commission, shall debit the amount to account 422 (Extraordinary Income Deductions).
Oil Pipeline Uniform Accounting Regulations — (4)
(4) Records supporting entries in this account shall be maintained in a manner that will enable complete information to be available as to the nature and purpose of the expenditures.
Oil Pipeline Uniform Accounting Regulations — 45
45 Other Deferred Debits This account shall include (a) expenditures that cannot be disposed of until further information is received; (b) undistributed balances in clearing accounts; and (c) items of a deferred nature, not provided for in other accounts under the Regulations, that are to be amortized over future periods.
Oil Pipeline Uniform Accounting Regulations — (a)
This account shall include (a) expenditures that cannot be disposed of until further information is received; (b) undistributed balances in clearing accounts; and (c) items of a deferred nature, not provided for in other accounts under the Regulations, that are to be amortized over future periods.
Oil Pipeline Uniform Accounting Regulations — (a)
(a) expenditures that cannot be disposed of until further information is received;
Oil Pipeline Uniform Accounting Regulations — (b)
(b) undistributed balances in clearing accounts; and
Oil Pipeline Uniform Accounting Regulations — (c)
(c) items of a deferred nature, not provided for in other accounts under the Regulations, that are to be amortized over future periods.
Oil Pipeline Uniform Accounting Regulations — 50
50 Loans and Notes Payable (1) This account shall include any balances representing the company’s outstanding obligations in the form of loans, notes or other similar evidences of indebtedness that are payable on demand or within one year from the date of the balance sheet. (2) This account shall be maintained in such form as to show separately the amounts of indebtedness secured by collateral.
Oil Pipeline Uniform Accounting Regulations — (1)
(1) This account shall include any balances representing the company’s outstanding obligations in the form of loans, notes or other similar evidences of indebtedness that are payable on demand or within one year from the date of the balance sheet.
Oil Pipeline Uniform Accounting Regulations — (2)
(2) This account shall be maintained in such form as to show separately the amounts of indebtedness secured by collateral.
Oil Pipeline Uniform Accounting Regulations — 51
51 Joint Revenue Payable This account shall include the revenue from transportation of oil and oil products that is payable to other parties under a joint tariff, other than revenue recorded in account 53 (Accounts Payable — Affiliated Companies).
Oil Pipeline Uniform Accounting Regulations — Oil Pipeline Uniform Accounting Regulations
This account shall include the revenue from transportation of oil and oil products that is payable to other parties under a joint tariff, other than revenue recorded in account 53 (Accounts Payable — Affiliated Companies).
Oil Pipeline Uniform Accounting Regulations — 52
52 Accounts Payable and Accrued (1) This account shall include (a) the amount of vouchers and payrolls or accounts unpaid on the date of the balance sheet; (b) outstanding drafts drawn by agents; (c) unpaid rents under leases or agreements; (d) taxes collected from employees and others for the account of taxing agencies; and (e) other items of the nature of demand liabilities not included in account 50 (Loans and Notes Payable), account 51 (Joint Revenue Payable), account 53 (Accounts Payable — Affiliated Companies), account 54 (Interest Payable and Accrued) or account 60 (Other Current Liabilities). (2) This account shall also include a company’s estimated accrued liabilities with respect to accounts payable. ( See Regulations, sections 77 and 78). (3) A company’s estimates of liabilities for injuries to persons and for loss and damage claims shall not be included in this account but shall be credited to account 60 (Other Current Liabilities) or account 78 (Other Deferred Credits), as applicable.
Oil Pipeline Uniform Accounting Regulations — (1)
(1) This account shall include (a) the amount of vouchers and payrolls or accounts unpaid on the date of the balance sheet; (b) outstanding drafts drawn by agents; (c) unpaid rents under leases or agreements; (d) taxes collected from employees and others for the account of taxing agencies; and (e) other items of the nature of demand liabilities not included in account 50 (Loans and Notes Payable), account 51 (Joint Revenue Payable), account 53 (Accounts Payable — Affiliated Companies), account 54 (Interest Payable and Accrued) or account 60 (Other Current Liabilities).
Oil Pipeline Uniform Accounting Regulations — (a)
(a) the amount of vouchers and payrolls or accounts unpaid on the date of the balance sheet;
Oil Pipeline Uniform Accounting Regulations — (c)
(c) unpaid rents under leases or agreements;
Oil Pipeline Uniform Accounting Regulations — (d)
(d) taxes collected from employees and others for the account of taxing agencies; and
Oil Pipeline Uniform Accounting Regulations — (e)
(e) other items of the nature of demand liabilities not included in account 50 (Loans and Notes Payable), account 51 (Joint Revenue Payable), account 53 (Accounts Payable — Affiliated Companies), account 54 (Interest Payable and Accrued) or account 60 (Other Current Liabilities).
Oil Pipeline Uniform Accounting Regulations — (2)
(2) This account shall also include a company’s estimated accrued liabilities with respect to accounts payable. ( See Regulations, sections 77 and 78).
Oil Pipeline Uniform Accounting Regulations — (3)
(3) A company’s estimates of liabilities for injuries to persons and for loss and damage claims shall not be included in this account but shall be credited to account 60 (Other Current Liabilities) or account 78 (Other Deferred Credits), as applicable.
Oil Pipeline Uniform Accounting Regulations — 53
53 Accounts Payable — Affiliated Companies This account shall include (a) notes, (b) advances, (c) credit balances in open accounts, (d) long term debt due within one year, (e) joint revenue payable, (f) interest on any matter referred to in paragraphs (a) to (e), (g) dividends, and (h) miscellaneous amounts owed to an affiliated company and subject to settlement within one year from the date of the balance sheet.
Oil Pipeline Uniform Accounting Regulations — (a)
This account shall include (a) notes, (b) advances, (c) credit balances in open accounts, (d) long term debt due within one year, (e) joint revenue payable, (f) interest on any matter referred to in paragraphs (a) to (e), (g) dividends, and (h) miscellaneous amounts
Oil Pipeline Uniform Accounting Regulations — (f)
(f) interest on any matter referred to in paragraphs (a) to (e),
Oil Pipeline Uniform Accounting Regulations — Oil Pipeline Uniform Accounting Regulations
owed to an affiliated company and subject to settlement within one year from the date of the balance sheet.
Oil Pipeline Uniform Accounting Regulations — 54
54 Interest Payable and Accrued This account shall be credited with interest, other than interest payable to affiliated companies, due or accrued on (a) notes payable; (b) bank overdrafts and loans; and (c) long term debt and other obligations.
Oil Pipeline Uniform Accounting Regulations — (a)
This account shall be credited with interest, other than interest payable to affiliated companies, due or accrued on (a) notes payable; (b) bank overdrafts and loans; and (c) long term debt and other obligations.
Oil Pipeline Uniform Accounting Regulations — (c)
(c) long term debt and other obligations.
Oil Pipeline Uniform Accounting Regulations — 55
55 Dividends Payable This account shall include dividends declared on capital stock and not yet paid by a company, other than dividends payable to affiliated companies and recorded in account 53.
Oil Pipeline Uniform Accounting Regulations — Oil Pipeline Uniform Accounting Regulations
This account shall include dividends declared on capital stock and not yet paid by a company, other than dividends payable to affiliated companies and recorded in account 53.
Oil Pipeline Uniform Accounting Regulations — 56
56 Taxes Accrued (1) This account shall be credited with the accruals of all taxes that are payable to federal, provincial, or other governmental authorities. (2) The accruals referred to in subsection (1) may be based upon estimates, provided that the estimates are adjusted to reflect in this account at all times a company’s estimate of its unpaid liability for each of the several classes of taxes that has not been finally settled. (3) All tax payments for which accruals have been made shall be debited to this account. (4) The records supporting the entries in this account shall be kept to show separately, by classes of taxes, the amount of the tax accruals for the current year and the adjustments of accruals for prior years.
Oil Pipeline Uniform Accounting Regulations — (1)
(1) This account shall be credited with the accruals of all taxes that are payable to federal, provincial, or other governmental authorities.
Oil Pipeline Uniform Accounting Regulations — (2)
(2) The accruals referred to in subsection (1) may be based upon estimates, provided that the estimates are adjusted to reflect in this account at all times a company’s estimate of its unpaid liability for each of the several classes of taxes that has not been finally settled.
Oil Pipeline Uniform Accounting Regulations — (3)
(3) All tax payments for which accruals have been made shall be debited to this account.
Oil Pipeline Uniform Accounting Regulations — (4)
(4) The records supporting the entries in this account shall be kept to show separately, by classes of taxes, the amount of the tax accruals for the current year and the adjustments of accruals for prior years.
Oil Pipeline Uniform Accounting Regulations — 57
57 Long Term Debt Due Within One Year This account shall include (a) the amount of long term debt and any premiums thereon that become payable within one year from the date of the balance sheet, (b) the amount of matured and unpaid long term debt and any premiums thereon for which there has been no specific agreement for extension of the time of payment, and (c) the amount of long term debt called for redemption but not presented to the company or its agents for payment, other than the portion of any liability to be recorded in account 53 (Accounts Payable — Affiliated Companies).
Oil Pipeline Uniform Accounting Regulations — (a)
This account shall include (a) the amount of long term debt and any premiums thereon that become payable within one year from the date of the balance sheet, (b) the amount of matured and unpaid long term debt and any premiums thereon for which there has been no specific agreement for extension of the time of payment, and (c) the amount of long term debt called for redemption but not presented to the company or its agents for payment,
Oil Pipeline Uniform Accounting Regulations — (a)
(a) the amount of long term debt and any premiums thereon that become payable within one year from the date of the balance sheet,
Oil Pipeline Uniform Accounting Regulations — (b)
(b) the amount of matured and unpaid long term debt and any premiums thereon for which there has been no specific agreement for extension of the time of payment, and
Oil Pipeline Uniform Accounting Regulations — (c)
(c) the amount of long term debt called for redemption but not presented to the company or its agents for payment,
Oil Pipeline Uniform Accounting Regulations — Oil Pipeline Uniform Accounting Regulations
other than the portion of any liability to be recorded in account 53 (Accounts Payable — Affiliated Companies).
Oil Pipeline Uniform Accounting Regulations — 60
60 Other Current Liabilities This account shall include (a) contractors’ holdbacks and all other current liabilities not provided for in other accounts under the Regulations; and (b) the company’s estimate of current liabilities in respect of (i) injuries to persons, and (ii) loss and damage claims.
Oil Pipeline Uniform Accounting Regulations — (a)
This account shall include (a) contractors’ holdbacks and all other current liabilities not provided for in other accounts under the Regulations; and (b) the company’s estimate of current liabilities in respect of (i) injuries to persons, and (ii) loss and damage claims.
Oil Pipeline Uniform Accounting Regulations — (a)
(a) contractors’ holdbacks and all other current liabilities not provided for in other accounts under the Regulations; and
Oil Pipeline Uniform Accounting Regulations — (b)
(b) the company’s estimate of current liabilities in respect of (i) injuries to persons, and (ii) loss and damage claims.
Oil Pipeline Uniform Accounting Regulations — 70
70 Welfare and Pension Appropriations (1) This account shall include (a) the credit balances that represent the liability of the company for any amount contributed by employees and by the company, through debits to expenses or other accounts approved for the purpose by the Commission, for (i) pensions, (ii) accidents and death benefits, (iii) savings, (iv) relief, and (v) hospital, or other provident purposes, whether or not a special fund has been established to meet such liabilities. ( See Regulations, section 62 and account 23 (Miscellaneous Special Funds)); and (b) the credit balances representing the liability of the company for amounts provided by debits to expenses in respect of deferred compensation payments under an employees’ profit sharing plan. (2) Separate subaccounts shall be maintained for each kind of appropriation created pursuant to subsection (1). (3) Disbursements shall be debited to this account and any excess of the disbursements over the amounts appropriated shall be transferred to account 630-13 or 730-13 (Employee Benefits) or to account 630-11 or 730-11 (Injuries to Persons and Property Damage), as applicable. (4) Current amounts payable relative to funded welfare, pension and other plans with insurance companies or trustees shall be transferred to account 52 (Accounts Payable and Accrued).
Oil Pipeline Uniform Accounting Regulations — (1)
(1) This account shall include (a) the credit balances that represent the liability of the company for any amount contributed by employees and by the company, through debits to expenses or other accounts approved for the purpose by the Commission, for (i) pensions, (ii) accidents and death benefits, (iii) savings, (iv) relief, and (v) hospital, or other provident purposes, whether or not a special fund has been established to meet such liabilities. ( See Regulations, section 62 and account 23 (Miscellaneous Special Funds)); and (b) the credit balances representing the liability of the company for amounts provided by debits to expenses in respect of deferred compensation payments under an employees’ profit sharing plan.
Oil Pipeline Uniform Accounting Regulations — (a)
(a) the credit balances that represent the liability of the company for any amount contributed by employees and by the company, through debits to expenses or other accounts approved for the purpose by the Commission, for (i) pensions, (ii) accidents and death benefits, (iii) savings, (iv) relief, and (v) hospital, or other provident purposes,
Oil Pipeline Uniform Accounting Regulations — (v)
(v) hospital, or other provident purposes,
Oil Pipeline Uniform Accounting Regulations — Oil Pipeline Uniform Accounting Regulations
whether or not a special fund has been established to meet such liabilities. ( See Regulations, section 62 and account 23 (Miscellaneous Special Funds)); and
Oil Pipeline Uniform Accounting Regulations — (b)
(b) the credit balances representing the liability of the company for amounts provided by debits to expenses in respect of deferred compensation payments under an employees’ profit sharing plan.
Oil Pipeline Uniform Accounting Regulations — (2)
(2) Separate subaccounts shall be maintained for each kind of appropriation created pursuant to subsection (1).
Oil Pipeline Uniform Accounting Regulations — (3)
(3) Disbursements shall be debited to this account and any excess of the disbursements over the amounts appropriated shall be transferred to account 630-13 or 730-13 (Employee Benefits) or to account 630-11 or 730-11 (Injuries to Persons and Property Damage), as applicable.
Oil Pipeline Uniform Accounting Regulations — (4)
(4) Current amounts payable relative to funded welfare, pension and other plans with insurance companies or trustees shall be transferred to account 52 (Accounts Payable and Accrued).
Oil Pipeline Uniform Accounting Regulations — 71
71 Accumulated Tax Reductions Applicable to Future Years (1) Where a company does not follow the taxes payable or flow-through basis of accounting for income taxes, this account shall include the amount by which a company’s provision for income taxes for a particular year differs from the amount of income taxes payable for that year. (2) Where a company does not follow the method of accounting for accumulated tax reductions applicable to future years, the company shall show the amount of its accumulated tax reductions in its annual financial report to Statistics Canada pursuant to the Statistics Act.
Oil Pipeline Uniform Accounting Regulations — (1)
(1) Where a company does not follow the taxes payable or flow-through basis of accounting for income taxes, this account shall include the amount by which a company’s provision for income taxes for a particular year differs from the amount of income taxes payable for that year.
Oil Pipeline Uniform Accounting Regulations — (2)
(2) Where a company does not follow the method of accounting for accumulated tax reductions applicable to future years, the company shall show the amount of its accumulated tax reductions in its annual financial report to Statistics Canada pursuant to the Statistics Act.
Oil Pipeline Uniform Accounting Regulations — 72
72 Insurance Appropriations (1) This account shall include the credit balances that represent insurance appropriations concurrently debited to expenses to cover self-insurance against losses through accident, fire, flood, burglary or other hazards and re-insurance recoveries from insurance companies. ( See Regulations, sections 61 and 62). (2) To the extent that a loss or damage sustained is covered by this account, the amount of that loss or damage shall be debited to this account. (3) Separate subaccounts shall be maintained for each kind of insurance reserve created.
Oil Pipeline Uniform Accounting Regulations — (1)
(1) This account shall include the credit balances that represent insurance appropriations concurrently debited to expenses to cover self-insurance against losses through accident, fire, flood, burglary or other hazards and re-insurance recoveries from insurance companies. ( See Regulations, sections 61 and 62).
Oil Pipeline Uniform Accounting Regulations — (2)
(2) To the extent that a loss or damage sustained is covered by this account, the amount of that loss or damage shall be debited to this account.
Oil Pipeline Uniform Accounting Regulations — (3)
(3) Separate subaccounts shall be maintained for each kind of insurance reserve created.
Oil Pipeline Uniform Accounting Regulations — 73
73 Maintenance Expense Equalization This account shall include the differences between actual and budgeted monthly maintenance expenses. ( See Regulations, section 47).
Oil Pipeline Uniform Accounting Regulations — Oil Pipeline Uniform Accounting Regulations
This account shall include the differences between actual and budgeted monthly maintenance expenses. ( See Regulations, section 47).
Oil Pipeline Uniform Accounting Regulations — 74
74 Allowance for Loss in Value of Investments (1) This account shall include all the credit balances maintained by a company where the credit balances represent reductions in the gross book value of investments carried in account 20 (Investments in Affiliated Companies) and account 21 (Other Investments). ( See account 415 (Provision for Loss in Valuation of Investments)). (2) Debits to this account that represent reductions in the allowance for loss in value of investments carried in accounts 20 or 21 shall be made only after approval of the Commission. ( See account 404 (Investment Valuation Adjustment)).
Oil Pipeline Uniform Accounting Regulations — (1)
(1) This account shall include all the credit balances maintained by a company where the credit balances represent reductions in the gross book value of investments carried in account 20 (Investments in Affiliated Companies) and account 21 (Other Investments). ( See account 415 (Provision for Loss in Valuation of Investments)).
Oil Pipeline Uniform Accounting Regulations — (2)
(2) Debits to this account that represent reductions in the allowance for loss in value of investments carried in accounts 20 or 21 shall be made only after approval of the Commission. ( See account 404 (Investment Valuation Adjustment)).
Oil Pipeline Uniform Accounting Regulations — 75
75 Allowance For Doubtful Accounts (1) This account shall include the total of the balances maintained by a company for the purpose of providing for reductions in the value of current assets recorded in (a) account 4 (Accounts Receivable — Trade), (b) account 5 (Accounts Receivable — Other), (c) account 6 (Accounts Receivable — Affiliated Companies), or (d) account 12 (Other Current Assets), and the corresponding debits shall be made to accounts 630-15 or 730-15 (Bad Debts), as applicable. (2) Collections on accounts that were previously debited to this account shall be credited to this account.
Oil Pipeline Uniform Accounting Regulations — (1)
(1) This account shall include the total of the balances maintained by a company for the purpose of providing for reductions in the value of current assets recorded in (a) account 4 (Accounts Receivable — Trade), (b) account 5 (Accounts Receivable — Other), (c) account 6 (Accounts Receivable — Affiliated Companies), or (d) account 12 (Other Current Assets),
Oil Pipeline Uniform Accounting Regulations — (a)
(a) account 4 (Accounts Receivable — Trade),
Oil Pipeline Uniform Accounting Regulations — (b)
(b) account 5 (Accounts Receivable — Other),
Oil Pipeline Uniform Accounting Regulations — (c)
(c) account 6 (Accounts Receivable — Affiliated Companies), or
Oil Pipeline Uniform Accounting Regulations — Oil Pipeline Uniform Accounting Regulations
and the corresponding debits shall be made to accounts 630-15 or 730-15 (Bad Debts), as applicable.
Oil Pipeline Uniform Accounting Regulations — (2)
(2) Collections on accounts that were previously debited to this account shall be credited to this account.
Oil Pipeline Uniform Accounting Regulations — 76
76 Unamortized Premium On Long Term Debt (1) This account shall include the unamortized premiums received from the issuance of long term debt and shall include the total of the credit balances in the subaccounts maintained for each series of each class of long term debt. ( See Regulations, section 71). (2) The amounts recorded in this account shall be amortized in accordance with sections 72 or 73 of the Regulations, as applicable.
Oil Pipeline Uniform Accounting Regulations — (1)
(1) This account shall include the unamortized premiums received from the issuance of long term debt and shall include the total of the credit balances in the subaccounts maintained for each series of each class of long term debt. ( See Regulations, section 71).