OFFSHORE MINERALS (RETENTION LICENCE FEES) REGULATIONS 1994 NO. 50 

OFFSHORE MINERALS (RETENTION LICENCE FEES) REGULATIONS 1994 NO. 50 
- TABLE OF PROVISIONS

1. Citation  
2. Interpretation  
3. Amount of retention licence fee  


1994 No. 50 OFFSHORE MINERALS (RETENTION LICENCE FEES) REGULATIONS
- REG 1
Citation


  1. These Regulations may be cited as the Offshore Minerals (Retention
Licence Fees) Regulations.
(NOTE: These Regulations commence on gazettal: see Acts Interpretation Act
1901, s. 48.)


1994 No. 50 OFFSHORE MINERALS (RETENTION LICENCE FEES) REGULATIONS
- REG 2
Interpretation


  2. In these Regulations, unless the contrary intention appears:
  "the Act" means the Offshore Minerals (Retention Licence Fees) Act 1994.


1994 No. 50 OFFSHORE MINERALS (RETENTION LICENCE FEES) REGULATIONS
- REG 3
Amount of retention licence fee


  3. For the purposes of subsection 4 (1) of the Act, the amount of a
retention licence fee for a year of the term of the licence is calculated by
multiplying $200 by the number of blocks covered by the licence at the
beginning of that year.


- NOTES


1994 No. 50*1* OFFSHORE MINERALS (RETENTION LICENCE FEES) REGULATIONS



*1* Notified in the Commonwealth of Australia Gazette on 11 March 1994.