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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.