Petroleum and Natural Gas Royalty and Freehold Production Tax Regulation (B.C. Reg. 495/92).

The present Regulation enacts section 73(2) of the Petroleum and Natural Gas Act. The text consists of 13 sections as follows: Definitions and interpretation (1); Powers of administrator and collector (2); Royalty and tax share (3); Royalty and tax payment (4); Oil royalty and tax rates (5); Natural gas and natural gas by-products royalty and tax rates (6); Royalty and tax calculations (7); Coal bed methane producer cost of service bank (7.1); Reporting (8); Examination of return and assessment of royalty or tax; Producer liability (10); Reconsideration by collector or administrator (11); Appeals (12): Interest and penalties (13).