hordruma/ontario_laws_and_regs huggingface dataset:
PART II INDEPENDENT ELECTRICITY SYSTEM OPERATOR
Province may purchase securities, etc.
23 (1) The Lieutenant Governor in Council may by order authorize the Minister of Finance to purchase securities of or make loans to the IESO in the amounts, at the times and on the terms and conditions as the Minister of Finance may determine subject to the maximum principal amount specified by the Lieutenant Governor in Council that may be purchased or advanced or that may be outstanding at any time and subject to any other terms and conditions that are specified by the Lieutenant Governor in Council. 2014, c. 7, Sched. 7, s. 3 (1). Payment from C.R.F. (2) The Minister of Finance may pay out of the Consolidated Revenue Fund any amount required for the purposes of subsection (1). 2014, c. 7, Sched. 7, s. 3 (1). Delegation (3) In an order under subsection (1), the Lieutenant Governor in Council may delegate any or all of the powers of the Minister of Finance under this section to, (a) a public servant employed under Part III of the Public Service of Ontario Act, 2006 who works in the Ministry of Finance, other than in the office of the Minister of Finance; (b) the chief executive officer of the Ontario Financing Authority; (c) a public servant employed under Part III of the Public Service of Ontario Act, 2006 who works in the Ontario Financing Authority; (d) a solicitor engaged to act for the Minister of Finance; or (e) a solicitor engaged to act for the Ontario Financing Authority. 2014, c. 7, Sched. 7, s. 3 (1). Fees payable to Minister of Finance (4) The IESO shall pay to the Minister of Finance such fees as are prescribed by the regulations in respect of securities purchased and sums loaned under this section. 2014, c. 7, Sched. 7, s. 3 (1). Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 27 - 01/01/2005 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015
PART II INDEPENDENT ELECTRICITY SYSTEM OPERATOR
Business plan
24 (1) At least 120 days before the beginning of each fiscal year, the IESO shall submit its proposed business plan for the fiscal year to the Minister for approval. 2014, c. 7, Sched. 7, s. 3 (1). Minister’s approval (2) The Minister may approve the proposed business plan or refer it back to the IESO for further consideration. 2014, c. 7, Sched. 7, s. 3 (1). Transition, business plan (3) Despite subsection (1) and when requested to do so by the Minister, the IESO shall submit a business plan in respect of its first full or partial fiscal year that occurs after subsection 3 (1) of Schedule 7 to the Building Opportunity and Securing Our Future Act (Budget Measures), 2014 comes into force within 30 days after the Minister requests the plan and the Minister may approve the proposed business plan or refer it back to the IESO for further consideration. 2014, c. 7, Sched. 7, s. 3 (1). Transition, Minister’s discretion (4) The Minister shall exercise his or her discretion to request that the IESO submit a business plan under subsection (3), solely where, in the Minister’s opinion, there is insufficient time for the IESO to comply with subsection (1). 2014, c. 7, Sched. 7, s. 3 (1). Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 28 - 01/01/2005 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015
PART II INDEPENDENT ELECTRICITY SYSTEM OPERATOR
Fees
25.1 (1) The IESO may establish and charge fees to recover, (a) the costs of anything done in connection with the IESO-controlled grid or the IESO-administered markets; (b) the costs of doing anything the IESO is required or permitted to do under this or any other Act; and (c) any other type of expenditure the recovery of which is permitted by the regulations, subject to any limitations and restrictions set out in the regulations. 2014, c. 7, Sched. 7, s. 3 (1). May recover costs of procurement contracts (2) For greater certainty, the IESO may, subject to the regulations, establish and impose charges to recover from consumers its costs and payments related to procurement contracts. 2014, c. 7, Sched. 7, s. 3 (1). Board deemed to approve recovery (3) The IESO’s recovery of its costs and payments related to procurement contracts is deemed to be approved by the Board. 2014, c. 7, Sched. 7, s. 3 (1). Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015
PART II INDEPENDENT ELECTRICITY SYSTEM OPERATOR
Auditor
25.2 (1) The board of directors of the IESO shall appoint one or more auditors licensed under the Public Accounting Act, 2004 to audit annually the accounts and transactions of the IESO. 2014, c. 7, Sched. 7, s. 3 (1). Auditor General (2) The Auditor General may audit the accounts and transactions of the IESO. 2014, c. 7, Sched. 7, s. 3 (1). Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2009, c. 12, Sched. B, s. 2 - 09/09/2009 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015
PART II INDEPENDENT ELECTRICITY SYSTEM OPERATOR
Annual report
25.3 (1) The IESO shall, within 90 days after the end of every fiscal year, submit to the Minister an annual report on its affairs during that fiscal year, signed by the chair of its board of directors. 2014, c. 7, Sched. 7, s. 3 (1). Financial statements (2) The audited financial statements of the IESO shall be included in the annual report. 2014, c. 7, Sched. 7, s. 3 (1). Tabling (3) The Minister shall submit the annual report to the Lieutenant Governor in Council and shall then table the report before the Assembly if it is in session or, if not, deposit the report with the Clerk of the Assembly. 2014, c. 7, Sched. 7, s. 3 (1). Other persons (4) The IESO may give its annual report to other persons before the Minister complies with subsection (3). 2014, c. 7, Sched. 7, s. 3 (1). Transition, annual reports (5) The board of directors shall prepare and deliver the annual report for the last fiscal year of each of the predecessor Independent Electricity System Operator and the Ontario Power Authority within 90 days after the day subsection 3 (1) of Schedule 7 to the Building Opportunity and Securing Our Future Act (Budget Measures), 2014 comes into force. 2014, c. 7, Sched. 7, s. 3 (1). Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015
PART II INDEPENDENT ELECTRICITY SYSTEM OPERATOR
Other reports
25.4 (1) The IESO shall submit to the Minister such reports and information as the Minister may require from time to time and shall, if required by the Minister to do so, examine, report and advise on any question respecting electricity. 2014, c. 7, Sched. 7, s. 3 (1); 2016, c. 10, Sched. 2, s. 5. Same (2) The IESO shall submit to the Minister of Finance such reports and information as the Minister of Finance may require from time to time. 2014, c. 7, Sched. 7, s. 3 (1). Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015 2016, c. 10, Sched. 2, s. 5 - 01/07/2016
PART II INDEPENDENT ELECTRICITY SYSTEM OPERATOR
Information to Board, etc.
25.5 (1) The IESO shall provide the Board and the Market Surveillance Panel with such information as the Board or Panel may require from time to time. 2014, c. 7, Sched. 7, s. 3 (1). Same (2) Without limiting the generality of subsection (1), the IESO shall provide the Board and the Market Surveillance Panel with such information relating to any actual or potential conflict of interest related to the actions, operations or functions of the IESO as the Board or Panel may require from time to time. 2014, c. 7, Sched. 7, s. 3 (1). Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015
PART II INDEPENDENT ELECTRICITY SYSTEM OPERATOR
Application of corporations statutes
25.6 Except as otherwise provided by the regulations, the Business Corporations Act, the Not-for-Profit Corporations Act, 2010 and the Corporations Information Act
do not apply to the IESO. 2014, c. 7, Sched. 7, s. 3. Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015; 2014, c. 7, Sched. 7, s. 3 (2) - 19/10/2021 Statutory Powers Procedure Act 25.7 The
Statutory Powers Procedure Act does not apply to a proceeding before the IESO, its board of directors or any committee, panel, person or body to which a power or duty has been delegated under this Part. 2014, c. 7, Sched. 7, s. 3 (1). Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015 Transitional Matters
PART II INDEPENDENT ELECTRICITY SYSTEM OPERATOR
Application of corporations statutes
25.7 The
Statutory Powers Procedure Act does not apply to a proceeding before the IESO, its board of directors or any committee, panel, person or body to which a power or duty has been delegated under this Part. 2014, c. 7, Sched. 7, s. 3 (1). Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015 Transitional Matters
PART II INDEPENDENT ELECTRICITY SYSTEM OPERATOR
Transition, employment matters
25.9 (1) All individuals who were employees of the predecessor Independent Electricity System Operator or the Ontario Power Authority immediately before subsection 3 (1) of Schedule 7 to the Building Opportunity and Securing Our Future Act (Budget Measures), 2014 comes into force become employees of the IESO when the subsection comes into force. 2014, c. 7, Sched. 7, s. 3 (1). Agreements (2) All employment agreements to which the predecessor Independent Electricity System Operator or the Ontario Power Authority was a party and that were in effect immediately before subsection 3 (1) of Schedule 7 to the Building Opportunity and Securing Our Future Act (Budget Measures), 2014 comes into force continue in effect after the subsection comes into force as if the IESO were substituted for the predecessor Independent Electricity System Operator or the Ontario Power Authority, as the case may be, as a party to the agreement. 2014, c. 7, Sched. 7, s. 3 (1). Same (3) The operation of subsections (1) and (2) does not constitute a breach, termination, repudiation or the frustration of an employment agreement. 2014, c. 7, Sched. 7, s. 3 (1). Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015
PART II INDEPENDENT ELECTRICITY SYSTEM OPERATOR
Transition, governance and other matters
25.10 (1) This section applies in respect of the governance of the IESO and other matters concerning the IESO on the day subsection 3 (1) of Schedule 7 to the Building Opportunity and Securing Our Future Act (Budget Measures), 2014 comes into force. 2014, c. 7, Sched. 7, s. 3 (1). Chief executive officer (2) Despite sections 11 and 25.9, the chief executive officers of the predecessors cease to hold office on the day subsection 3 (1) of Schedule 7 to the Building Opportunity and Securing Our Future Act (Budget Measures), 2014 comes into force and the Minister shall appoint the first chief executive officer of the IESO, but nothing in this subsection prevents the board of directors of the IESO from appointing any subsequent chief executive officer. 2014, c. 7, Sched. 7, s. 3 (1). Panels (3) A panel established under section 13 or 25.10 as they read immediately before subsection 3 (1) of Schedule 7 to the Building Opportunity and Securing Our Future Act (Budget Measures), 2014 comes into force is continued after that subsection comes into force and is deemed to be a panel established by the IESO board of directors under subsection 16 (1). 2014, c. 7, Sched. 7, s. 3 (1). Stakeholder input (4) Any process established under section 13.2 or 25.12 as they read immediately before subsection 3 (1) of Schedule 7 to the Building Opportunity and Securing Our Future Act (Budget Measures), 2014 comes into force is continued after that subsection comes into force and is deemed to be a process established by the IESO under section 18. 2014, c. 7, Sched. 7, s. 3 (1). Fees (5) Any fee payable to a predecessor that remains unpaid on the day subsection 3 (1) of Schedule 7 to the Building Opportunity and Securing Our Future Act (Budget Measures), 2014 comes into force is payable to the IESO at the same time and on the same terms as if the IESO were the predecessor. 2014, c. 7, Sched. 7, s. 3 (1). Market rules (6) Any market rule established under section 32 as it read immediately before subsection 3 (1) of Schedule 7 to the Building Opportunity and Securing Our Future Act (Budget Measures), 2014 comes into force remains in effect after that subsection comes into force and is deemed to be a market rule established by the IESO until it is amended or revoked in accordance with this Act. 2014, c. 7, Sched. 7, s. 3 (1). Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015 PART II.1   CLEAN ENERGY CREDITS
PART II.1 CLEAN ENERGY CREDITS
Interpretation
25.11 In this Part, “clean energy credit” means environmental attributes associated with the generation of one megawatt-hour of electricity that are recognized in the clean energy credit registry as a clean energy credit, following the submission of information to the registry in accordance with section 25.15; (“crédit pour l’énergie propre”) “clean energy credit registry” means the registry established or designated, as the case may be, under section 25.22; (“registre des crédits pour l’énergie propre”) “environmental attributes” means attributes or characteristics relating to the environmental benefits associated with electricity generated in Ontario from an energy source specified by the regulations, that, (a) unless otherwise specified by the regulations, are subject to transfer on their own without the electricity to which they are associated, and (b) meet any requirements specified by the regulations; (“attributs environnementaux”) “registry rules” means the rules made under section 25.23; (“règles du registre”) “regulations” means the regulations made under this Part, despite the definition of “regulations” in subsection 2 (1); (“règlements”) “transfer” includes a transfer of ownership, with or without consideration; (“transfert”) “transferee” means a person or entity who intends to purchase or acquire a clean energy credit; (“destinataire du transfert”) “transferor” means a person or entity that makes environmental attributes available for transfer. (“auteur du transfert”) 2022, c. 23, Sched. 1, s. 3. Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2009, c. 12, Sched. B, s. 3 - 09/09/2009 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015 2022, c. 23, Sched. 1, s. 3 - 15/03/2023
PART II.1 CLEAN ENERGY CREDITS
Requirement to make environmental attributes available for transfer
25.12 The following persons and entities shall make such environmental attributes as are specified by the regulations available for transfer in the time and manner specified by the regulations: 1. The IESO. 2. Ontario Power Generation Inc. 3. Any generator or other person or entity specified by the regulations. 2022, c. 23, Sched. 1, s. 3. Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015 2022, c. 23, Sched. 1, s. 3 - 15/03/2023
PART II.1 CLEAN ENERGY CREDITS
Restrictions on making environmental attributes available for transfer
25.13 If the regulations so provide, a generator or other person or entity specified by the regulations shall not make environmental attributes available for transfer except as provided for by the regulations. 2022, c. 23, Sched. 1, s. 3. Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015 2022, c. 23, Sched. 1, s. 3 - 15/03/2023 Registration
PART II.1 CLEAN ENERGY CREDITS
Transferors
25.14 (1) A transferor shall register with the clean energy credit registry in accordance with the registry rules. 2022, c. 23, Sched. 1, s. 3. Transferees (2) A transferee shall register with the clean energy credit registry in accordance with the registry rules. 2022, c. 23, Sched. 1, s. 3. Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015 2022, c. 23, Sched. 1, s. 3 - 15/03/2023
PART II.1 CLEAN ENERGY CREDITS
Information re environmental attributes to be submitted to registry
25.15 (1) A transferor that intends to transfer environmental attributes shall submit to the clean energy credit registry such information respecting the environmental attributes as is specified by the registry rules. 2022, c. 23, Sched. 1, s. 3. Same (2) The information referred to in subsection (1) shall be submitted in the time and manner specified by the registry rules. 2022, c. 23, Sched. 1, s. 3. Restriction (3) Information respecting any given environmental attributes may only be submitted to the clean energy credit registry once. 2022, c. 23, Sched. 1, s. 3. Same (4) Subsection (3) does not prevent the submission of information respecting environmental attributes in order to correct an error, add missing information, address a technical issue connected to the clean energy credit registry or otherwise ensure the correctness of the information submitted to the registry in respect of the environmental attributes. 2022, c. 23, Sched. 1, s. 3. Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015 2022, c. 23, Sched. 1, s. 3 - 15/03/2023
PART II.1 CLEAN ENERGY CREDITS
Restrictions on transfer
25.16 (1) A transferor shall not transfer environmental attributes unless, (a) the environmental attributes are recognized in the clean energy credit registry as a clean energy credit, following the submission of information to the registry in accordance with section 25.15; and (b) the following conditions are met: (i) the environmental attributes associated with the clean energy credit were generated within the period specified by the regulations, (ii) the clean energy credit is to be transferred to a transferee who has an account with the IESO or a distributor with respect to the transferee’s consumption of electricity, and who meets any other requirements specified by the regulations, (iii) the clean energy credit is to be credited against electricity that was consumed by the transferee in Ontario within the period specified by the regulations, (iv) the clean energy credit has not been previously transferred or retired, and (v) any other conditions provided for by the regulations. 2022, c. 23, Sched. 1, s. 3. Same (2) The transfer shall be completed within the time and in the manner specified by the registry rules. 2022, c. 23, Sched. 1, s. 3. Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2006, c. 21, Sched. F, s. 136 (1) - 25/07/2007 2009, c. 12, Sched. B, s. 4 - 09/09/2009 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015 2022, c. 23, Sched. 1, s. 3 - 15/03/2023 Retirement of clean energy credits
PART II.1 CLEAN ENERGY CREDITS
Transferee
25.17 (1) The transferee to whom a clean energy credit is transferred in accordance with section 25.16, or a person or entity acting on the transferee’s behalf, shall indicate on the clean energy credit registry, in the time and manner specified by the registry rules, that the credit has been retired. 2022, c. 23, Sched. 1, s. 3. Transferor (2) If a transferor’s clean energy credit is not transferred within the time described in subsection 25.16 (2) or otherwise in accordance with section 25.16, the transferor may indicate on the clean energy credit registry, in the time and manner specified by the registry rules, that the credit has been retired. 2022, c. 23, Sched. 1, s. 3. Unauthorized retirement (3) No person or entity shall indicate on the clean energy credit registry that a clean energy credit has been retired, except in accordance with subsection (1) or (2). 2022, c. 23, Sched. 1, s. 3. Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015 2022, c. 23, Sched. 1, s. 3 - 15/03/2023
PART II.1 CLEAN ENERGY CREDITS
Provision of information
25.18 Transferors, transferees and any other persons or entities specified in the regulations shall provide to the IESO or the Minister such information as the IESO or Minister specifies for the purposes of this Part, in the time and manner specified by the IESO or Minister. 2022, c. 23, Sched. 1, s. 3. Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 29 - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015 2022, c. 23, Sched. 1, s. 3 - 15/03/2023 Proceeds of transfer
PART II.1 CLEAN ENERGY CREDITS
IESO
25.19 (1) The IESO shall apply its proceeds from the transfer of its clean energy credits in the time and manner specified by the regulations. 2022, c. 23, Sched. 1, s. 3. Ontario Power Generation Inc. (2) Ontario Power Generation Inc. shall apply its proceeds from the transfer of its clean energy credits in the time and manner specified by the regulations. 2022, c. 23, Sched. 1, s. 3. Section Amendments with date in force (d/m/y) 1998, c. 15, Sched. A, s. 25.19 (3) - no effect - see 2004, c. 23, Sched. A, s. 30 - 31/01/2005 2004, c. 23, Sched. A, s. 30 - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015 2022, c. 23, Sched. 1, s. 3 - 15/03/2023
PART II.1 CLEAN ENERGY CREDITS
Application to partial credits
25.20 This Part applies with necessary modifications with respect to the transfer and retirement of a partial clean energy credit. 2022, c. 23, Sched. 1, s. 3. Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 31 (1, 2) - 20/12/2004 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015 2022, c. 23, Sched. 1, s. 3 - 15/03/2023
PART II.1 CLEAN ENERGY CREDITS
Transition
25.21 (1) This Part applies with respect to the transfer of environmental attributes generated on or after the day section 3 of Schedule 1 to the Progress on the Plan to Build Act (Budget Measures), 2022 comes into force, even if the transfer is the subject of a contract that was entered into before that day. 2022, c. 23, Sched. 1, s. 3. Same (2) If the regulations so provide, this Part applies with respect to the transfer of environmental attributes generated before the day section 3 of Schedule 1 to the Progress on the Plan to Build Act (Budget Measures), 2022 came into force, to the extent and with any changes specified by the regulations. 2022, c. 23, Sched. 1, s. 3. Section Amendments with date in force (d/m/y) 2004, c. 23, Sched. A, s. 32 - 20/12/2004 2009, c. 33, Sched. 14, s. 2 (3) - 15/12/2009 2014, c. 7, Sched. 7, s. 3 (1) - 01/01/2015 2022, c. 23, Sched. 1, s. 3 - 15/03/2023