Document ID: chunk:federal_register_of_legislation:C2016C00402:section:5
Version: federal_register_of_legislation:C2016C00402
Segment Type: section
Provision Reference: s 5
Character Range: 6616–7147

5  Imposition of royalty
  The registered holder of:
 (a) a North West Shelf exploration permit; or
 (b) a North West Shelf retention lease; or
 (c) a North West Shelf production licence;
is liable to pay a royalty on all petroleum recovered by the holder in the permit area, lease area or licence area in a royalty period beginning at or after the commencement of this section.
Note 1: For exemptions, see section 10.
Note 2: For collection of royalty, see Part 6.7 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006.