Insurance Premiums Order (July–December) 2005
sch.A-div.B-sdiv.12Oil and Gas Extraction
Start here
Get a plain-English read of sch.A-div.B-sdiv.12
Turn the raw legal text into a practical explanation grounded in Insurance Premiums Order (July–December) 2005.
sch.A-div.B-sdiv.12 Oil and Gas Extraction
Subdivision 12 Oil and Gas Extraction
| Column 1 | Column 2 | Column 3 | Column 4 | | Group | Class | Title and Description | Rate | | 120 | | Oil and Gas Extraction | | | | 120000 | Oil and Gas Extraction | 5.88% | | | | This class includes employers engaged in producing crude oil, natural gas or condensate, and in treating these products on site to produce liquified or purified forms of oil and gas. | | | | | Exclusions and References:Employers mainly engaged in the recovery of liquefied hydrocarbons in conjunction with petroleum refining or gas separation not in conjunction with well operation are included in Class 251000 Petroleum Refining. | | | | | Primary Activities: | | | | | Gas, natural extraction | | | | | Liquefied natural gas production at wellhead | | | | | Liquefied petroleum gas production (not at refineries) | | | | | Natural gas separation at the wellhead | | | | | Oil shale mining | |