Western Australian Consolidated Acts

PETROLEUM AND GEOTHERMAL ENERGY RESOURCES ACT 1967 - SECT 137

137 .         Permit and drilling reservation fees

                There is payable to the Minister by a permittee or holder of a drilling reservation, in respect of each year of the term of the permit or drilling reservation, as the case requires —

            (a)         the prescribed fee; or

            (b)         a fee calculated at the prescribed rate for each of the blocks to which the permit or the drilling reservation relates, at the commencement of that year,

                whichever is the greater.

        [Section 137 amended by No. 69 of 1981 s. 34; No. 12 of 1990 s. 103; No. 78 of 1990 s. 7.]