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SUMMARY |
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This enactment implements provisions of the Canada-Yukon Oil
and Gas Accord. Under the Accord, the Government of Canada has
agreed to transfer to the Yukon Government both administrative and
legislative jurisdiction over oil and gas in the Territory and an adjoining
area. The enactment amends the Yukon Act to confer power to make
laws in relation to oil and gas, analogous to the power of a province. The
granting of oil and gas interests can be restricted on Crown lands
required for federal government purposes and designated by the
Governor in Council as such. The administration and control of oil and
gas transferred to the Yukon Government could be regained by the
Government of Canada if necessary for the settlement of an aboriginal
land claim.
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Amendments are made to federal laws relating to oil and gas in
consequence of the transfer of jurisdiction to Yukon authorities.
Transitional provisions govern the disposition of pending applications
under federal laws, and the treatment of existing oil and gas interests
under Yukon laws.
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