Newfoundland Offshore Petroleum Resource Revenue Fund Regulations (SOR/95-257)

3 (1) The Federal Minister shall credit the Revenue Fund, within 10 working days after the day on which these Regulations come into force, with an amount equal to the aggregate of the following amounts assessed or reassessed or received, as the case may be, during the period beginning on April 4, 1987 and ending on the last day of the second month prior to the date on which these Regulations come into force, and paid into the Consolidated Revenue Fund:

• (a) the amounts referred to in subparagraph 214(2)(a)(ii) of the Act, and

• (b) the amounts referred to in subparagraph 214(2)(a)(iv) of the Act.

(2) The Federal Minister shall credit the Revenue Fund, within 10 working days after the end of each month, with an amount equal to the aggregate of the following amounts assessed, reassessed or received, as the case may be, during the month:

• (a) the amounts referred to in subparagraph 214(2)(a)(ii) of the Act, and

• (b) the amounts referred to in subparagraph 214(2)(a)(iv) of the Act.