Federal-Provincial Fiscal Arrangements Regulations, 2007 — 7
derived from (i) a levy imposed by the province for the privilege of producing oil from hydrocarbon deposits, (ii) a tax imposed by the province that is based on the assessed or estimated value of the oil reserves, and (iii) a tax imposed by the province that is based on the price of oil produced from hydrocarbon deposits; (p) in the case of mined oil revenues referred to in paragraph (p) of that definition, revenues derived by a province by means of a levy imposed by the province for the privilege of (i) mining and carrying out the in-situ production of bitumen that may be used to produce synthetic petroleum, and (ii) producing oil from the experimental oil sands project that is subject to approval number 2943 of the Alberta Energy and Utilities Board; (q) in the case of the revenues referred to in paragraph (q) of that definition, revenues – other than those described in paragraphs (p) and (r) – derived by a province that are attributable to third tier oil from hydrocarbon deposits in the province, including (i) a levy imposed by the province for the privilege of producing oil from hydrocarbon deposits, (ii) a tax imposed by the province that is based on the assessed or estimated value of the oil reserves, and (iii) a tax imposed by the province that is based on the price of oil produced from hydrocarbon deposits; (r) in the case of the revenues referred to in paragraph (r) of that definition, revenues – other than those described in paragraph (p) – derived by a province that are attributable to third tier oil that is from hydrocarbon deposits in the province and that has a density of at least 935 kg/m 3 , including (i) a levy imposed by the province for the privilege of producing oil from hydrocarbon deposits, (ii) a tax imposed by the province that is based on the assessed or estimated value of the oil reserves, and (iii) a tax imposed by the province that is based on the price of oil produced from hydrocarbon deposits; (s) in the case of revenues from domestically sold natural gas and exported natural gas referred to in paragraph (s) of that definition, revenues that are attributable to gas that is from hydrocarbon deposits in the province, including those derived by a province from (i) a levy imposed by the province for the privilege of producing gas or gas by-products from hydrocarbon deposits, (ii) a tax imposed by the province that is based on the assessed or estimated value of gas reserves, and (iii) remittances to the provincial government of the profits of the business enterprises of the province that are engaged, entirely or primarily, in the marketing of gas or gas by-products from hydrocarbon deposits; (t) in the case of sales of Crown leases and reservations on oil and natural gas lands referred to in paragraph (t) of that definition, revenues that are derived by a province from the granting of leases, reservations or other rights in relation to Crown land in the province for the purpose of exploration or exploitation of that land for the production of crude oil or the production of gas or gas by-products from hydrocarbon deposits; (u) in the case of oil and gas revenues referred to in paragraph (u) of that definition, revenues that are derived by a province from the exploration for and the development and production of oil, natural gas, gas by-products, helium or other gaseous products from hydrocarbon deposits in the province, including oil and gas revenues of a kind that fall within the description of a revenue source set out in any of paragraphs (m) to (s) but that cannot be attributed only to that revenue source; (v) in the case of mining revenues referred to in paragraph (v) of that definition, revenues that are derived by a province from (i) a tax imposed by the province specifically on income from the mining of minerals, and (ii) royalties, licences, rentals and fees that are related to the exploration, development or production of minerals; (w) in the case of water power rentals referred to in paragrap