On February 26, 2015, following its third reading in the Senate, without amendment, Bill C-22, An Act respecting Canada's offshore oil and gas operations, enacting the Nuclear Liability and Compensation Act, repealing the Nuclear Liability Act and making consequential amendments to other Acts (short title, Energy Safety and Security Act), was given Royal Assent and became an Act of Parliament. Bill C-22, as assented, is available here.
Most of the provisions of Part 2 of Bill C-22 concerning the new Nuclear Liability and Compensation Act will come into force by order of the Governor in Council (the Cabinet), while other provisions of Part 2 will come into force only after the implementation of Canada's commitments under the International Atomic Energy Agency's Convention on Supplementary Compensation for the Nuclear Damage pursuant to an Act of Parliament. On December 3, 2013, Canada became a signatory to that Convention.
For additional information concerning the new Nuclear Liability and Compensation Act, we refer you to our previous blog.
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