339Special petroleum exploration permit fee

339 Special petroleum exploration permit fee

For the purposes of section 684(1) of the Act, the fee for a special petroleum exploration permit for a year of the term of the permit is—

(a) in the case of a fee for a year beginning before 1 July 2025, 1797 fee units for each block to which the permit relates at the beginning of the year; or

(b) in the case of a fee for a year beginning on or after 1 July 2025, 2393 fee units for each block to which the permit relates at the beginning of the year.

Reg. 340 substituted by S.R. No. 65/2024 reg. 7.