Section 19

by substituting for subsection (1) the following subsection:

“(1)  A shipping or retail licensee may require any person who requires supply of gas to give him reasonable security for all monies which may become due to him—

in respect of the shipping or retail of gas; and

in respect of any necessary work to be done for the retail of gas, and if the person fails to give such security, the shipping licensee may refuse to ship or in the case of a retail licensee, to supply the gas or provide the piping system until the security has been given.”;

by inserting after subsection (1) the following subsection:

“(1a)  A regasification, transportation or distribution licensee may require any person who intends to utilize his facility under paragraph 14 (1)(b) to give him reasonable security for all monies which may become due to him in respect of the utilization of the facility, and if the person fails to give the security, the licensee may refuse to allow the utilization of the facility until the security has been given.”;

in subsection (2)—

by substituting for the words “the supply” the words “shipping or retail of gas”; and

by inserting after subsection (2) the following subsection:

“(2a)  Where a person fails to give security in subsection (1a) or the security given by the person has become insufficient, the licensee may by notice require the person, within seven days after the service of the notice, to give him reasonable security for the payment of all monies which are due to him in respect of the utilization of the facility and if the person fails to give such security, the licensee may suspend the utilization of his facility until the security is given.”.

Gas Supply (Amendment)

31

Deletion of section 18