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s 26

Annual fee

In force
Part IIExploring and mining for petroleum
Division 2Exploration permits for petroleum

26 Annual fee

(1) The annual fee payable in relation to an exploration permit is the amount prescribed by, or calculated in accordance with, the regulations.

(2) Subject to section 63, the annual fee for an exploration permit is payable by the permittee in advance on:

(a)

the commencement of the exploration permit; and

(b) each anniversary of the commencement of the permit or its last renewal.

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