Document ID: chunk:federal_register_of_legislation:C2024C00828:section:632
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 632
Character Range: 1738477–1739286

632  When adjusted amount due for payment

Provisional value
 (1) If:
 (a) an amount is payable under subsection 16(2) of the Royalty Act; and
 (b) paragraph 16(1)(a) of the Royalty Act applies;
the amount is due and payable at the end of the next royalty period following the royalty period in which the agreement or determination mentioned in that paragraph was made.

Error in calculation etc.
 (2) If:
 (a) an amount is payable by a person under subsection 16(2) of the Royalty Act; and
 (b) paragraph 16(1)(b) of the Royalty Act applies;
the amount is due and payable at the end of the next royalty period following the royalty period in which the error mentioned in that paragraph was notified to the person.

Definition
 (3) In this section:
royalty period has the same meaning as in the Royalty Act.