New edition of Manual 023
Today we released a new edition of Manual 023 Licensee Life-Cycle Management that includes clarifications based on feedback received as part of the ongoing implementation of the Government of Alberta’s Liability Management Framework (LMF), including the following:
- general administrative and editing clarifications
- the addition of definitions for active liability, inactive liability, and marginal liability
- the removal of references to closure spend forecasts and changes to support the end of the supplemental closure spend quota, first announced in Bulletin 2023-35: Mandatory Closure Spend Quotas for 2024 (section 4)
- clarification of the security refund request process for liability programs identified in Directive 088: Licensee Life-Cycle Management (section 6)
- the incorporation of the following changes to the licensee capability assessment (LCA) that were introduced November 28, 2023:
- an update to the closure spend parameter in the closure factor to use actual reported spend rather than estimated spend for all licensees
- an update to the orphan fund levy compliance parameter in the administration factor to include late and payment plan data
- an update to the administration levy compliance parameter in the administration factor to include late and payment plan data
- various bug fixes regarding data anomalies
Manual 023 is available on the AER website, www.aer.ca. If you have any questions, contact our Customer Contact Centre by phone at 1-855-297-8311 or by email at @email.