Government of Northwest Territories (Canada)
The present Act establishes that the Land Claims and Self-Government Agreement among the Tlicho and the Government of the Northwest Territories and the Government of Canada is approved, given effect and declared valid, and has the force of law. The Act also approves the Tlicho Tax Treatment Agreement. Section 7 establishes that sums required to meet the monetary obligations of the Government of the Northwest Territories under the Tlicho Agreement shall be paid from money appropriated for that purpose out of the Consolidated Revenue Fund. The text consists of 13 sections.
For the purpose of the present Act "Intergovernmental Agreement" means the Northwest Territories Intergovernmental Agreement on Lands and Resources Management between the Government of the Northwest Territories and the Aboriginal Parties that was made on February 27, 2014; and "Aboriginal Party" means the Gwich’in Tribal Council, Inuvialuit Regional Corporation, Northwest Territory Métis Nation, Sahtu Secretariat Inc., Tåîchô Government and any other Aboriginal Government that becomes a party to the Intergovernmental Agreement.
The present Regulations are made under section 66 of the Petroleum Resources Act. In particular, the Regulations lay down provisions relating to the levying of royalties for oil exploitations. The text – consisting of 23 sections – deals with the following aspects: interpretation, prescribed royalties, exemption, payment of prescribed royalty, deferral of royalty, certification of an abandonment and restoration royalty trust, return allowance, certification of qualified petroleum exploration expenses, reports and returns, interests, penalties and refunds.
The present Regulations are made under section 11 of the Northwest Territories Heritage Fund Act. The purpose of the Regulations is to ensure the correct and efficient enforcement of the afore-mentioned Act. In particular, the present Regulations lay down provisions relating to financial issues, such as investment of funds, of the afore-mentioned Act. The text consists of 9 sections.
Implements: Northwest Territories Heritage Fund Act (S.N.W.T. 2011, c. 27). (2015)
The Parties to the present Agreement are the Government of the Northwest Territories and the Aboriginal Government Partners, such as the Inuvialuit Regional Corporation, the Northwest Territories Métis Nation, the Gwich’in Tribal Council.
