Queensland Consolidated Acts

PETROLEUM ACT 1923 - SECT 74N

74N Petroleum royalty and annual rent

(1) From 31 December 2004, the holder must pay the State—

(a) petroleum royalty as required under the 2004 Act , chapter 6 ; and

(b) annual rent, as prescribed under a regulation.

(2) The annual rent must be paid in the way, and on or before the day, prescribed under a regulation under the 2004 Act .