85Royalty

#### 85 Royalty 85 Royalty > > (1) The holder of a petroleum title must pay to the Crown a royalty in respect of all petroleum recovered by the holder of the title in the area comprised in the title. > > > (2) The royalty is payable at the rate prescribed by the regulations. > > > (3) The rate of royalty may be prescribed— > > > > > (a) as a percentage of the value at the well-head of the petroleum, or > > > > > (b) by reference to such other matters as the regulations specify. > > > (4) This section does not apply to methane recovered in conjunction with coal mining operations. > > **s 85:** Am 2000 No 90, Sch 2.2 \[15\]; 2012 No 84, Sch 1.1 \[1\]; 2014 No 37, Sch 4.6 \[3\].