The Ontario Ministry of Finance ("MOF") filed two important new regulations concerning the Debt Retirement Charge ("DRC") on December 17, 2001. MOF recently released program registration documentation. The DRC was established under Part V.1 of the Electricity Act, 1998 (the "EA") as one of the revenue streams designed to pay down the debt of the former Ontario Hydro.

type Energy Markets Bulletin - Debt Retirement Charge: New Regulations-Registration and Exemptions