sec.75Petroleum royalty and annual rent

### sec.75 Petroleum royalty and annual rent An authority to prospect holder must pay the State— petroleum royalty as required under chapter 6 ; and the annual rent, as prescribed under a regulation. The annual rent must be paid in the way, and on or before the day, prescribed under a regulation. s 75 amd 2011 No. 2 s 121 (sec.75-ssec.1) An authority to prospect holder must pay the State— petroleum royalty as required under chapter 6 ; and the annual rent, as prescribed under a regulation. (sec.75-ssec.2) The annual rent must be paid in the way, and on or before the day, prescribed under a regulation. - (a) petroleum royalty as required under chapter 6 ; and - (b) the annual rent, as prescribed under a regulation.