Regulation respecting the application of the Act

Regulation respecting the application of the Act respecting transparency measures in the mining, oil and gas industries

The Regulation respecting the application of the Act respecting transparency measures in the mining, oil and gas industries  came into force on August 3, 2017. It provides the form that the annual statement must take, along with instructions for filing and a list of authorities whose requirements are considered to be acceptable substitutes.

Businesses subject to the Act whose financial year began between October 22, 2015, and July 31, 2016, have until December 31, 2017, to file their statements. In subsequent years, they must file their statements no later than 150 days after the end of their financial year.

The companies concerned must file their statements using the System for Electronic Data Analysis and Retrieval (SEDAR ). The website is available free of charge to the general public.

To access the statements on SEDAR, click the tabs  “Search Database”, “Search For Company Documents”, “Document Type : Annual Statement of Payments”.