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Regulation 6B Fees payable for determination of oil fieldsF1

(1)

A licensee must pay a fee of F2£5,670 for the determination of an oil field under Schedule 1 to the Oil Taxation Act 1975 (determination of oil fields).

(2)

The licensee must pay any fee payable under paragraph (1) within 30 days of the OGA notifying the licensee of the determination unless the OGA notifies the licensee in writing that the licensee may pay the fee at a later date.

Annotations

Textual amendments

F1

Regs. 6A-6D inserted (6.4.2017) by The Oil and Gas Authority (Fees and Petroleum Licensing) (Amendment) Regulations 2017 (S.I. 2017/426), regs. 1, 2(7)

F2

Sum in reg. 6B(1) substituted (1.4.2026) by The Oil and Gas Authority (Levy and Fees) Regulations 2026 (S.I. 2026/181), regs. 1(1), 10(7)