IN TIlE MAI TER OF the Utilities Commission Act, S.B.C. 1980, c. 60 as amended and IN TIlE MAI TER OF an Application by BC Gas Inc. BEFORE: M.K. Jaccard, ) Chair; and ) September 29, 1992 L.R. Barr, ) Deputy Chair ) o R D E R WHEREAS: A. On September 22, 1992 BC Gas Inc. ("BC Gas") applied, pursuant to Section 57 of the Utilities Commission Act, for approval of the issuance of an additional 2,000,000 Common Shares to be reserved, set aside and kept available for issuance from time-to-time under the Dividend Reinvestment and Share Purchase Plan ("the Plan") B. The Plan came into existence on November 1, 1985 with the initial issuance of 200,000 Common Shares approved by Order No. G-79-85 and a further 1,000,000 Common Shares was approved on June 15, 1990 by Order No. G-45-9O; and C. BC Gas advised that the number of Common Shares reserved under the Plan is nearing depletion and requires additional Common Shares to be reserved in order for the Plan to be replenished; and D. The Commission has reviewed the Plan and is satisfied that approval is necessary and in the public interest. NOW THEREFORE the Commission orders BC Gas as follows: Pursuant to Section 57 of the Act, the Commission approves for BC Gas the issuance of 2,000,000 Common Shares of the Company under the Dividend Reinvestment and Share Purchase Plan. DATED at the City of Vancouver, in the Province of British Columbia, this day of October, 1992. BY ORDER Dr. Mark K. Jaccard Chair /lm BCUC/Orders/BCG-DividReinvest&SharePurchPlan HOWE STREET,
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