What Is A Conduct And Compensation Agreement

Before a resource company can enter private land to conduct advanced activities, it usually needs to have a legally binding agreement with the landowner. This can be either: Prior to the Amendments, effects “caused by approved activities” were compensable effects when they related to the landowner`s land, but probably not necessarily to land in the Area Approved by the Resource Authority or on the specific lands on which the activities are carried out. That is, compensation could have been claimed for the impacts on a property caused by the extractive company`s broader project, that is. B activities on neighbouring properties owned by the same or another landowner. Section 2 Provisions Relating to Conduct and Compensation Agreements Subdivision 4 Subsequent Review of Compensation by the Regional Court As a landowner, you may be entitled to compensation under a Conduct and Compensation Agreement (CCA) to mitigate the impact of oil and gas development activities on your property. Extractive companies must provide notice of entry to landowners, unless the conduct and compensation agreement or deferral agreement contains other arrangements. Section 5 Jurisdiction of the Regional Court for Compensation and Conduct The conduct and indemnity agreement grants the resource holder, for example, exploration permits or mining development licenses and determines the activities that can be carried out on your land, the compensation process, the conditions of access, environmental remediation, as well as insurance and compensation. A landowner or resource company can now opt for an alternative dispute resolution (ADR) procedure if no agreement has been reached at the end of the 20-day “minimum negotiation period” after a resource company has entered into negotiations with a landowner. The type of ADR procedure (e.g. B, mediation) and the identity of the moderator must be decided by the regional court or a recognized institute if the parties cannot agree. The resource company must bear the costs of the adrĂ© moderator. However, if a party is not present without reasonable excuse, it may be ordered to pay the costs of participation of the other party […].