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The present Regulations enforce the Territorial Lands Act (R.S. 1985, c. T-7) and the Federal Real Property and Federal Immovable Act (S.C. 1991, c. 50). In particular the Regulations lays down provisions relating to the administration and disposition of oil and gas belonging to Her Majesty in right of Canada under all lands forming part of Canada but not within any province. Section 3 establishes that these Regulations apply only to Canada lands that are under the control, management and administration of the Minister. For the purposes of these Regulations, Canada lands shall be divided into grid areas. The text consists of 126 sections divided into 2 Parts as follows: Licences, exploration agreements and permits (I); Option (II). Six Schedules are enclosed.
Implements: Territorial Lands Act (R.S. 1985, c. T-7). (2014-04-01)
Implements: Federal Real Property and Federal Immovables Act (S.C. 1991, c. 50). (2014-04-01)