PETROLEUM (SUBMERGED LANDS) (EXPLORATION PERMIT FEES) REGULATIONS 1990 NO. 55 PETROLEUM (SUBMERGED LANDS) (EXPLORATION PERMIT FEES) REGULATIONS 1990 NO. 55 - TABLE OF PROVISIONS 1. Citation 2. Interpretation 3. Permit fees-subsection 4 (1) of the Act 1990 No. 55 PETROLEUM (SUBMERGED LANDS) (EXPLORATION PERMIT FEES) REGULATIONS - REG 1 Citation 1. These Regulations may be cited as the Petroleum (Submerged Lands) (Exploration Permit Fees) Regulations. 1990 No. 55 PETROLEUM (SUBMERGED LANDS) (EXPLORATION PERMIT FEES) REGULATIONS - REG 2 Interpretation 2. In these Regulations, unless the contrary intention appears: "the Act" means the Petroleum (Submerged Lands) (Exploration Permit Fees) Act 1967. 1990 No. 55 PETROLEUM (SUBMERGED LANDS) (EXPLORATION PERMIT FEES) REGULATIONS - REG 3 Permit fees-subsection 4 (1) of the Act 3. For the purposes of subsection 4 (1) of the Act, the fee payable is: (a) $1,000; or (b) an amount calculated at a rate of $50 for each block to which the permit relates at the commencement of the year; whichever is the greater. - NOTES 1990 No. 55*1* PETROLEUM (SUBMERGED LANDS) (EXPLORATION PERMIT FEES) REGULATIONS *1* Notified in the Commonwealth of Australia Gazette on 27 February 1990.