This Act regulates the Electricity market in Ontario, it consists of 161 sections and is divided into 11 parts. Part I contains general provisions, Part II establishes and regulates the operation of the Independent Electricity Market Operator, a corporation without share capital involved in the administration of the Act. Part III concerns electricity markets, in particular, access to the distribution systems, market rules, investigations, abuse of market powers, emergency plan, powers of entry and property interests. Part IV is dedicated to the Hydro One Incorporation and its objectives and powers, Part IV. 1 to the Ontario Power Generation Incorporation, Part V to the Ontario Hydro Financial Corporation. Part VI concerns special payments in lieu of other taxes, Part VIII is dedicated to the Electrical Safety Code, Part IX covers ownership and use of corridor land. Part X and XI contain transitional provisions, respectively, on Ontario Hydro and on Municipal Electricity Utilities.
Canada · 1998-10-30