39
In forceAnnual fee
Part IIExploring and mining for petroleum
Division 3Retention licences
39 Annual fee
(1) The annual fee payable in relation to a retention licence is the amount prescribed by, or calculated in accordance with, the regulations.
(2) Subject to section 63, the annual fee for a retention licence is payable by the retention licensee in advance on:
(a)
the commencement of the retention licence; and
(b) each anniversary of the commencement of the retention licence or its last renewal.
Regulations
This provision refers to the regulations (the regulations
). Made under this Act:
This Act’s bill:Second reading speech
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.