Royalties Order Regulations (P.E.I. Reg. EC537/85). Country/Territory Canada Territorial subdivision Prince Edward Island Document type Regulation Date 1985 (2004) Source FAO, FAOLEX Subject Energy, Mineral resources Keyword Oil Royalties/fees Enforcement/compliance Exploration Geographical area Americas, Arctic, Asia and the Pacific, East Pacific, North America, North Atlantic Abstract The present Regulations enact subsection 64(1) of the Oil and Natural Gas Act. Section 1 establishes that the lessee shall pay to the Minister, for each month that the land covered by the lease is producing oil, a royalty consisting of a percentage of the oil obtained from each well as specified in Schedule A. The text consists of 5 sections. Full text English Website www.gov.pe.ca References - Legislation Implements Oil and Natural Gas Act ((R.S.P.E.I. 1988, c. O-5). Legislation | Canada | 1988 (2015) Keyword: Oil, Natural gas, Legal proceedings/administrative proceedings, Policy/planning, Exploration, Authorization/permit Source: FAO, FAOLEX