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1994 No. 52 OFFSHORE MINERALS (MINING LICENCE FEES) REGULATIONS - REG 3
Amount of mining licence fee
3. For the purposes of subsection 4 (1) of the Act, the amount of a mining
licence fee for a year of the term of the licence is the amount calculated by
multiplying $200 by the number of blocks covered by the licence at the
beginning of that year.
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