Section 3 — Purpose — Petroleum Royalty Act 2023 (Northern Territory) — Barrister AI

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Section 3 — Purpose — Petroleum Royalty Act 2023 (Northern Territory) — Barrister AI

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s 1Short title s 2Commencement s 3Purpose

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3

Purpose

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Part 1—Preliminary matters

3 Purpose

The purpose of this Act is to provide for a royalty payable on petroleum produced from a project area.

This Act’s bill:Explanatory statement Second reading speech

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