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s 18

Assessment

In force
Part IIImposition and assessment, &c., of royalty

18 Assessment

(1) The Secretary must assess the following in respect of the royalty year to which the statement delivered under section 12 relates:

(a)

the net value;

(b)

the gross production revenue;

(c)

the royalty payable by the royalty payer.

(2) To make the assessment, the Secretary may use any information in the Secretary's possession, whether or not obtained under this Act.

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