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NS398INTRODUCEDOTHERNOVA SCOTIA

Nova Scotia Power Incorporated Executive Compensation Restriction Act

Long title not yet sourced from the legislative registry.

Sponsor
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Introduced
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Royal assent
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Final vote
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Legislative timeline

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Bill overview

Bill NS398, “Nova Scotia Power Incorporated Executive Compensation Restriction Act”, is a Nova Scotia bill from session assembly-64-session-1.

Its latest recorded status is “Introduced”.

This overview is written automatically from the registry and vote records on this page and updates when they sync. It describes the bill's path, not its merits.

PLAIN-LANGUAGE SUMMARY

What you need to know

This Nova Scotia bill, NS398, is currently at First Reading. It aims to restrict the executive compensation of Nova Scotia Power Incorporated, a major energy provider in the province. If passed, the bill would likely impose limits on the salaries and benefits of the company's top executives.

AI-generated from official records and reviewed against our editorial guardrails.

Key provisions

  1. 01This Act amends the Nova Scotia Business Incorporations Act to restrict executive compensation for Nova Scotia Power Incorporated.
  2. 02The Act requires Nova Scotia Power Incorporated to obtain approval from the Governor in Council for certain executive compensation arrangements.
  3. 03The Act sets a maximum ratio of executive compensation to median employee compensation for Nova Scotia Power Incorporated.
  4. 04The Act requires Nova Scotia Power Incorporated to disclose certain executive compensation information to the public.
  5. 05The Act establishes a review committee to oversee and report on executive compensation for Nova Scotia Power Incorporated.

Vote roll

No division has been recorded for this bill yet.