Northwest Territories Intergovernmental Resource Revenue Sharing Agreement Act (S.N.W.T 2014, c. 12).

https://www.fao.org/faolex/results/details/en/c/LEX-FAOC147527

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LEX-FAOC147527

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The present Act is made under the Northwest Territories Lands and Resources Devolution Agreement and fulfils the commitment made to reflect the Resource Revenue Sharing Agreement. It can be seen as a strong commitment to work with Aboriginal government partners. Through devolution, the Government of the Northwest Territories collects resource revenues from public lands under its administration and control. From the resource revenues retained by the territorial government, a share will be provided to participating Aboriginal governments. This Resource Revenue Sharing Agreement provides direct benefits to Aboriginal governments for resource development activities throughout the onshore and allows Aboriginal governments to increase their own capacity. The text consists of 6 sections.

Implements: Northwest Territories Lands and Resources Devolution Agreement. (2013-06-25)
Implements: Northwest Territories Intergovernmental Resource Revenue Sharing Agreement. (2014-02-27)

Legislation