74T
In forceObligation to commence production
Part 6AKey mandatory conditions and related provisions
Division 3Specific mandatory conditions for leases and related provisions
Subdivision 2Other mandatory conditions for leases
74T Obligation to commence production
A lessee must start petroleum production under the lease on or before the later of the following—
(a)
the end of 2 years after the lease takes effect;
(b)
any production commencement day for the lease.
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