Marginal note:Regulations
3 The Governor in Council may make regulations
(a) respecting the granting of leases, permits and licences for the exploitation of oil and gas in Indian lands, and the terms and conditions thereof;
(b) respecting the disposition of any interest in Indian lands necessarily incidental to the exploitation of oil and gas in those lands, and the terms and conditions thereof;
(c) providing for the seizure and forfeiture of any oil or gas taken in contravention of any regulation made under this section or any lease, licence or permit granted under such regulation;
(d) prescribing the royalties on oil and gas obtained from Indian lands;
(e) prescribing the fine not exceeding five thousand dollars that may be imposed on summary conviction for contravention of any regulation made under this section or failure to comply with any lease, permit or licence granted pursuant to any regulation under this section; and
(f) generally for carrying out the purposes of this Act and for the exploitation of oil and gas in Indian lands.
- 1974-75-76, c. 15, s. 4
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