Frontier Lands Petroleum Royalty Regulations — 2
2 (1) In these Regulations, abandonment and restoration means activities, in respect of wells, production infrastructure and geological, geophysical and geochemical operations that were allowed capital costs of the project, relating to (a) the abandonment of a well, (b) the destruction, scrapping, removal, disassembling and decommissioning of production infrastructure, (c) the renewing, repairing, cleaning-up, remediation or other management of soil, water or sediment to the extent that the damage is consistent in scope and magnitude with any damage to the environment that would reasonably be expected where activities are conducted using good production practices so that the functions and qualities of the soil or water are comparable to those of its original, unaltered state, and (d) the monitoring of the effectiveness of the activities referred to in paragraphs (a) to (c); ( abandon et restauration ) abandonment and restoration royalty trust means a trust certified under section 7; ( fiducie de redevances pour l’abandon et la restauration ) Act means the Canada Petroleum Resources Act ; ( Loi ) adjusted cumulative cost base [Repealed, SOR/2008-96, s. 3] adjusted gross revenues [Repealed, SOR/2008-96, s. 3] allocated [Repealed, SOR/2008-96, s. 3] allowed capital costs of an interest holder of a production licence in relation to a project in respect of any month means, if there is only one interest holder, the allowed capital costs of the project or, if there is more than one interest holder, the allowed capital costs of the project attributed to that interest holder, that are (a) described in and calculated in accordance with Schedule I, and (b) incurred in that month; ( coûts en capital déductibles ) allowed operating costs of an interest holder of a production licence in relation to a project in respect of any month means, if there is only one interest holder, the allowed operating costs of the project or, if there is more than one interest holder, the allowed operating costs of the project attributed to that interest holder, that are (a) described in and calculated in accordance with Schedule I, and (b) incurred in that month; ( frais d’exploitation déductibles ) attributed means allocated in accordance with an applicable allocation agreement or reasonably allocated if no allocation agreement exists; ( attribué ) capital cost adjustment of an interest holder of a production licence in relation to a project means (a) in respect of a month preceding the month in which the project commencement date falls, an amount equal to five per cent of the allowed capital costs of the interest holder in relation to the project in respect of that month, and (b) in respect of the month in which the project commencement date falls and any month after that month, an amount equal to one per cent of the interest holder’s allowed capital costs in relation to the project in respect of that month, other than any amounts considered under subsection (2) to be an interest holder’s allowed capital cost in relation to the project in respect of the following month; ( rajustement du coût en capital ) contribution deferral balance of an interest holder of a production licence in relation to a project in respect of any month means the amount, if any, by which the aggregate, for that month and all preceding months, of all contributions used to defer an amount of royalty under section 6 exceeds the withdrawal of those contributions under section 6.1; ( solde des apports servant au report de redevances ) cumulative adjusted gross revenues [Repealed, SOR/2008-96, s. 3] cumulative capital cost adjustments of an interest holder of a production licence in relation to a project in respect of any month means the aggregate of the capital cost adjustments of the interest holder for that month and the preceding months; ( montant cumulatif des rajustements des coûts en capital ) cumulative cost base [Repealed, SOR/2008-96, s. 3] cumulative costs of an interest holder o