155Circumstances in which royalty is not payable

155 Circumstances in which royalty is not payable A royalty is not payable in respect of petroleum— (a) that the Minister is satisfied was unavoidably lost before its quantity was ascertained; or (b) that is used by the holder of a production licence for the purposes of a petroleum operation with the approval of the Minister; or (c) that, with the approval of the Minister, is flared or vented in connection with operations for the extraction or recovery of petroleum; or (d) that is injected back into the reservoir from which it came with the approval of the Minister; or (e) that the Minister identifies as petroleum in respect of which royalty has already been paid; or (f) that was extracted or recovered from land outside Victoria and injected into a reservoir in Victoria.