10
CurrentRoyalty payments
Part 3Petroleum royalties
10 Royalty payments
All licensees and permittees for a project area must pay the royalty for a royalty year:
(a)
by quarterly payments within 30 days after the end of each quarter; or
(b)
in accordance with any other arrangement the Commissioner of
Territory Revenue approves.
This Act’s bill:Explanatory statementSecond reading speech
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