INTIEAAustralia · (Victoria) Offshore Petroleum and Greenhouse Gas Storage Act 2010PolicyIn force

(Victoria) Offshore Petroleum and Greenhouse Gas Storage Act 2010

This Act establishes the requirement to pay royalties for petroleum by licensees.  The law stipulates that royalties are not payable in respect of petroleum that, with the approval of the Minister, is flared or vented in connection with operations for the recovery of

Last changed 1 year ago.

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Country / jurisdiction: Australia · Year: 2010 · Status: In force · Level: State/Provincial · Type: Voluntary

This Act establishes the requirement to pay royalties for petroleum by licensees.  The law stipulates that royalties are not payable in respect of petroleum that, with the approval of the Minister, is flared or vented in connection with operations for the recovery of petroleum.

Official source: https://www.legislation.vic.gov.au/in-force/acts/offshore-petroleum-and-greenhouse-gas-storage-act-2010

Source

https://www.iea.org/policies/8631

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

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