Royalties Order Regulations (P.E.I. Reg. EC537/85).
Country
Type of law
Regulation
Date of original text
Date of latest amendment
Abstract
The present Regulations enact subsection 64(1) of the Oil and Natural Gas Act. Section 1 establishes that the lessee shall pay to the Minister, for each month that the land covered by the lease is producing oil, a royalty consisting of a percentage of the oil obtained from each well as specified in Schedule A. The text consists of 5 sections.
Attached files
Web site
Notes
The present Regulations are current to 1 February 2004.
Repealed
No
Source language
English
Legislation Amendment
No