PETROLEUM (ONSHORE) ACT 1991 - SECT 94R Effect of cancellation or suspension
PETROLEUM (ONSHORE) ACT 1991 - SECT 94R
Effect of cancellation or suspension94R Effect of cancellation or suspension
(1) The cancellation of a petroleum title does not affect any liability for a fee payable under this Part that arose on a date that occurred before that cancellation.
(2) Subject to the regulations, a fee does not cease to be payable under this Part, or become refundable, because the Minister suspends operations under the petroleum title.