Topic:"Regulatory Oversight" in M12467

Matter: Nova Scotia Power Inc. - Section 62 of the PUA – 2025 Land Exchange - 5225 Hanover St, HalifaxNova Scotia Power Inc. - Section 62 of the Public Utilities Act – Request for Approval to sell certain lands owned by NS Power to a third-party - 5225 Hanover St., Halifax

2 passages 1 document

Regulatory Oversight across all matters →

N-1Application - Redacted 2 passages

Value of Land Transfer p. pp. 1-3

Value of Land Transfer The Property was listed with an accredited, arm's length real estate sales brokerage, CBRE Limited. 3 NS Power submits that this demonstrates that the Property is being sold for fair market value. The Property was de...

AI summary NS Power is seeking approval for the transfer of a property no longer required for operations, arguing it is being sold at fair market value. The transaction is governed by the Public Utilities Act, and NS Power has requested confidential treatment of the purchaser's name and price due to commercial sensitivity.

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A. GENERAL ENCUMBRANCES p. p. 14

A. GENERAL ENCUMBRANCES - 1. Registered agreements with any municipal, provincial or federal governments or authorities and any public utilities or private suppliers of services, including (without limitation) subdivision agreements, devel...

AI summary This section outlines general encumbrances related to land, including registered agreements, easements, liens, encroachments, title defects, expropriation rights, and statutory reservations. These encumbrances are considered non-material or minor and do not significantly affect the use or value of the land.

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