PETROLEUM AND GEOTHERMAL ENERGY RESOURCES ACT 1967 - SECT 86
PETROLEUM AND GEOTHERMAL ENERGY RESOURCES ACT 1967 - SECT 86
86 . Exemption from duty
Duty under the
Duties Act 2008 is not chargeable —
(a) on a
permit, drilling reservation, lease, licence or access authority; or
(b) on a
transfer of a permit, drilling reservation, lease, licence or access authority
to which section 72 applies; or
(c) on
any other instrument in so far as it relates to a legal or equitable interest
in or affecting a permit, drilling reservation, lease, licence or access
authority.
[Section 86 amended: No. 12 of 1990 s. 67; No. 78
of 1990 s. 7; No. 31 of 2008 s. 34.]
[ 87. Deleted: No. 12 of 1990 s. 68.]