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Home/Legislation/Petroleum Act 1984/53

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Petroleum Act 1984

53Annual fee

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53 Annual fee (1) The annual fee payable in relation to a production licence is the (2) Subject to section 63, the annual fee for a production licence is payable by the production licensee in advance on: (a) the commencement of the production licence; and (b) each anniversary of the commencement of the production licence or its last renewal.

Previous section52Grant or refusal of renewal of production licence Next section54Conditions of production licence

Section 53 - Petroleum Act 1984 - Annual fee — Zoe