QLDIn ForceAct
Petroleum Act 1923
sec.49Ascertainment of value
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### sec.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.
s 49 prev s 49 amd 1962 No. 30 s 12
om 2004 No. 26 s 30
pres s 49 (prev s 57) ins 1967 No. 37 s 8
amd 2007 No. 46 s 143 (1)
renum and reloc 2007 No. 46 s 143 (2)