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Reactivated Well Royalty Exemption Regulation (Alta Reg. 352/92).

Pays/Territoire
Canada
Sous-division territoriale
Alberta
Type du document
Règlement
Date
1992 (2013)
Source
FAO, FAOLEX
Sujet
Ressources minérales
Mot clé
Exploitation minière Hydrocarbures Royalties/redevances Mise en application
Aire géographique
Amériques, Arctique, Asie et Pacifique, Pacifique du Est, Amérique du Nord, Atlantique Nord
Entry into force notes
For the purpose of ensuring its revision, this Regulation expires on 30 June 2014.
Résumé

The present Regulation lays down provisions relating to the exemption of royalties for reactivated wells. The Regulation contains at the outset a definition clause relating to various terms employed therein, such as “Board”, “eligible oil”, “exclude production”, “finished drilling date”, “ineligible well”, “oil sands well”, “reactivated well”, “royal exemption”. Section 3 establishes that eligible oil obtained from a reactivated well is exempt from the royalty payable under: a) the Petroleum Royalty Regulation (Alta. Reg. 248/90), and b) the Oil Sands Royalty Regulation, 1984 (Alta. Reg. 166/84). The royalty exemption for eligible oil obtained from a reactivated well only applies to the first 8000 m3 of eligible oil obtained from that well. The text consists of 10 sections.

Texte intégral
Anglais
Site web
www.gov.ab.ca

Références - Législation

Implemente

Mines and Minerals Act (RSA 2000, c. M-17).

Législation | Canada | 1980 (2020)

Mot clé: Exploitation minière, Minéraux, Charbon, Hydrocarbures, Exploration, Autorisation/permis

Source: FAO, FAOLEX