PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 139 Licence fees
PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 139
Licence fees
There is payable to the Minister by a licensee, in respect of each year of the term of the licence, a fee calculated at the rate of $9 000 for each of the blocks to which the licence relates at the beginning of that year.