s 117AZP
In forceBasis and calculation of levy
Part VEOrphan well levy
117AZP Basis and calculation of levy
(1) The levy for each financial year is calculated by reference to the number of blocks held by an interest holder at the beginning of the financial year.
(2) The levy is imposed at the specified rate per block as at the beginning of the financial year.
(3)
The specified rate is:
(a)
84 revenue units; or
(b)
a prescribed number of revenue units.
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