Resource information
The purpose of this Agreement-in-Principle is: a) to confirm the commitment of the Parties, as evidenced by their approval of this Agreement-in-Principle, to enter into negotiations for the conclusion of the Devolution Agreement and such other agreements as contemplated by this Agreement-in-Principle; and b) to set out specific provisions and identify subject matters for negotiation which shall form the basis of the Devolution Agreement. The text consists of 13 chapters as follows: Definitions (1); General provisions (2); Devolution Agreement negotiation process (3); General provisions of the Devolution Agreement (4); Transfer of responsibilities (5); Post-Devolution Resource management (6); Administration of oil and gas resources (7); Waste sites (8); Human resources (9); Nao properties assets, contracts and records (10); Financial matters (11); Net fiscal benefit (12); Implementation matters (13).
Implemented by: Northwest Territories Intergovernmental Agreements on Lands and Resources Management. (2014-02-19)
Implemented by: Northwest Territories Act (S.C. 2014, c. 2, s. 2). (2014-12-16)
Implemented by: Northwest Territories Intergovernmental Resource Revenue Sharing Agreement Act (S.N.W.T 2014, c. 12). (2014)