Frontier Lands Petroleum Royalty Regulations

5 Payment of a prescribed royalty is due

• (a) in the case of petroleum that is transported from the project lands by ship, vehicle or pipeline, on the last day of the month following the month in which the loading of the ship or vehicle is completed or the petroleum enters the pipeline, as the case may be; and

• (b) in the case of petroleum that is consumed, lost or wasted by the interest holder, on the last day of the month following the month in which the petroleum is consumed, lost or wasted.