Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act

Marginal note:Interest owner exempt from payment

104 The interest owner of an interest in relation to lands situated in that portion of the offshore area that is described in Schedule IV is, in respect of those lands, exempt from the payment under section 81 of the Canada Petroleum Resources Act of any amount in respect of any period mentioned in subsection 141(1) or specified in a notice issued pursuant to subsection 141(7).