226When royalty must be paid

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226 When royalty must be paid

(1) Any royalty required by this Division must be paid in the manner specified in the relevant injection and monitoring licence and within the time specified in the licence.

(2) If an injection and monitoring licence does not specify when or how royalty is to be paid under the licence, the holder of the licence must pay any royalty required by this Part in the manner, and within the time, specified by the regulations.

Section 226 - Greenhouse Gas Geological Sequestration Act 2008 - When royalty must be paid | Zoe