49
In forceAscertainment of value
Part 6Provisions relating to leases
Division 1General provisions for leases
49 Ascertainment of value
For section 48(2), the value at the wellhead of any petroleum is such amount as is agreed between the Minister and the person who produces the petroleum or, failing such agreement within a period allowed by the Minister (either generally or in a particular case) as is determined by the Minister as being that value.
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