Petroleum and Gas (Royalty) Regulation 2021
sec.53Revenue commissioner may request information to support royalty estimate
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sec.53 Revenue commissioner may request information to support royalty estimate
The revenue commissioner may, by notice to a petroleum producer who has lodged a royalty estimate, ask the petroleum producer to give the revenue commissioner, by the day stated in the notice, information to support the matters stated in the royalty estimate. The revenue commissioner may, by notice to a petroleum producer who must provide a royalty estimate under section 593 (2) of the Act , ask the petroleum producer to give the revenue commissioner, by the day stated in the notice, additional information about the matters that must be included in the royalty estimate. If the revenue commissioner asks a petroleum producer for information under subsection (1) or (2) , the petroleum producer must provide the information by the day stated in the notice. (sec.53-ssec.1) The revenue commissioner may, by notice to a petroleum producer who has lodged a royalty estimate, ask the petroleum producer to give the revenue commissioner, by the day stated in the notice, information to support the matters stated in the royalty estimate. (sec.53-ssec.2) The revenue commissioner may, by notice to a petroleum producer who must provide a royalty estimate under section 593 (2) of the Act , ask the petroleum producer to give the revenue commissioner, by the day stated in the notice, additional information about the matters that must be included in the royalty estimate. (sec.53-ssec.3) If the revenue commissioner asks a petroleum producer for information under subsection (1) or (2) , the petroleum producer must provide the information by the day stated in the notice.