English: FLPRR INTERPRETATION 2(1) revenus nets Non-Qualifying Expense "non-qualifying expense" means an expense (a) that is a Canadian exploration and development overhead expense within the meaning of section 1206 of the Income Tax Regulations, as amended from time to time, or (b) in respect of which a reimbursement, compensation or other payment is made, including any amount of assistance or benefit from a government, municipality or other public authority, whether as a grant, subsidy, forgivable loan, deduction from royalty or tax, investment allowance or any other form of assistance or benefit; FLPRR INTERPRETATION 2(1) frais non admissibles Oil oil means (a) crude oil, regardless of gravity, produced at a well head in liquid form, and (b) any other hydrocarbons, except coal and gas, and, without limiting the generality of the foregoing, hydrocarbons that may be extracted or recovered from deposits of oil sand, bitumen, bituminous sand, oil shale or from any other types of deposits on the surface or subsurface or the seabed or its subsoil of any frontier lands; CPRA pétrole Opening Net Capital "opening net capital", in respect of a month, means the book value, before depreciation, at the beginning of the month, of all depreciable assets forming part of or permanently used at a facility at the beginning of the month, less all depreciation allowances in respect of those assets for the preceding months; FLPRR Sch II Interpretation capital net d'ouverture Operating Cost Adjustment "operating cost adjustment" of an interest holder of a production licence in relation to a project in respect of any month means an amount equal to ten per cent of the allowed operating costs of the interest holder in relation to the project in respect of that month; FLPRR INTERPRETATION 2(1) rajustement des frais d'exploitation Petroleum petroleum means oil or gas; CPRA hydrocarbures Point of Production "point of production" means the point at which transportable petroleum leaves production infrastructure; FLPRR INTERPRETATION 2(1) point de production Production Infrastructure "production infrastructure" means any equipment and buildings that are used for the production or treatment of petroleum from the reservoir and includes (a) equipment for natural pressure reduction, mechanical separation, heating, cooling, dehydration and compression, and (b) batteries, gathering lines, storage areas, tanks, landing areas, heliports and personnel accommodations; FLPRR INTERPRETATION 2(1) infrastructure de production Production Month "production month" means a calendar month in which petroleum is produced from project lands on one or more days in that month; FLPRR INTERPRETATION 2(1) mois de production Project "project" means a project described in a development plan; FLPRR INTERPRETATION 2(1) projet Project Commencement Date "project commencement date" means the date on which a project development plan is approved; FLPRR INTERPRETATION 2(1) date de démarrage du projet Project Lands "project lands" means the frontier lands, described in the production licence or licences issued for the purpose of producing petroleum from those lands in accordance with a project; FLPRR INTERPRETATION 2(1) terres domaniales du projet Qualified Frontier Exploration Expenses "qualified frontier exploration expenses" means the aggregate of all expenses that are incurred in the drilling or completing of an exploratory well, an exploratory probe or a delineation well that is located on frontier lands in respect of which the Act applies, or in preparing the site in respect of such a well or in the building of a temporary access road to the site, and that (a) are incurred on or before December 31, 2007, (b) do not exceed $5 million in respect of any one well, (c) are not non-qualifying expenses, and (d) are reasonable in the circumstances; FLPRR INTERPRETATION 2(1) frais d'exploration admissibles sur des terres dom Return Allowance "return allowance" of an interest holder of a production licence in relation to a project in respect of any month means the return allowance for that month calculated in accordance with section 9; FLPRR INTERPRETATION 2(1) allocation de rendement Return on Average Capital "return on average capital", in respect of a month, means an amount equal to the average capital for the month multiplied by that percentage equal to font-family:5% plus the long-term government bond rate, and divided by 12 ; FLPRR Sch II Interpretation rendement du capital moyen Transportable Petroleum "transportable petroleum" means petroleum that is sufficiently free from impurities and is otherwise in such a condition that it will be accepted for transportation by a transportation facility; FLPRR INTERPRETATION 2(1) hydrocarbures transportables Transportation Facility "transportation facility" means a pipeline, tanker or other transportation equipment used to deliver petroleum from project lands, or in the case described in paragraph 1(1)(m) to Schedule 1, from production infrastructure, to the point at which the petroleum is delivered to the first purchaser of the petroleum.
French: RRRHPTD DÉFINITIONS 2(1) Operating Cost Adjustment rajustement du coût en capital À l'égard de l'indivisaire d'une licence de production liée à un projet, pour un mois donné : a) dans le cas d'un mois qui précède le mois dans lequel tombe la date de démarrage du projet, un montant égal à cinq pour cent des coûts en capital déductibles de l'indivisaire à l'égard du projet pour le mois; b) dans le cas du mois au cours duquel tombe la date de démarrage d'un projet et de tout mois suivant celui-ci, un montant égal à 1 % des coûts en capital déductibles de l'indivisaire à l'égard de ce projet pour le mois, à l'exception de toute somme réputée être un coût en capital déductible en vertu du paragraphe (2), à l'égard du projet pour le mois suivant. RRRHPTD DÉFINITIONS 2(1) Capital Cost Adjustment rendement du capital moyen À l'égard d'un mois donné, le produit de la multiplication du capital moyen pour le mois et de la somme de 5 % et du taux des obligations à long terme du gouvernement, lequel produit est divisé par 12 . RRRHPTD ANNEXE II DÉFINITIONS Return on Average Capital réseau de transport Pipeline, pétrolier ou tout autre équipement de transport utilisé pour l'acheminement des hydrocarbures des terres domaniales — ou de l'infrastructure de production, dans le cas visé à l'alinéa 1(1)m) de l'annexe I — vers le point de livraison au premier acheteur.