Third Tier Exploratory Well Royalty Exemption Regulation (Alta Reg. 16/1993).
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The present Regulation is made under the Mines and Minerals Act. Section 3 establishes that third tier exploratory oil obtained from a third tier exploratory well is exempt from the royalty payable under the Royalty Regulation (AR 248/90) or the Oil Sands Royalty Regulation, 1984 (AR 166/84). The text consists of 14 sections.
Title
Third Tier Exploratory Well Royalty Exemption Regulation (Alta Reg. 16/1993).