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Section 147 - Petroleum (Offshore) Act 1982 - Ascertainment of value — Zoe

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Petroleum (Offshore) Act 1982

147Ascertainment of value

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#### 147 Ascertainment of value 147 Ascertainment of value > For the purposes of this Act, the value at the well-head of any petroleum is such amount as is agreed between the permittee, lessee or licensee and the Minister, or, in default of agreement within such period as the Minister allows, is such amount as is determined by the Minister as being that value. > > **ss 146–148:** Am 1986 No 59, Sch 8 (6).

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