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Petroleum Act 1984
5AMeaning of reporting period
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5A Meaning of reporting period
(1) A reporting period, in relation to a petroleum interest, is each
period of 12 months ending on the anniversary of the day on which
the petroleum interest was granted.
(2) If the petroleum interest comes to an end during one of the periods
under subsection (1) then the last reporting period is the period
from the last anniversary of the day on which the petroleum interest
was granted to the day on which the petroleum interest ceases to
exist.