STATUTORY RULES
1970 No.
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REGULATIONS UNDER THE PETROLEUM SEARCH SUBSIDY ACT 1959-1969.*
I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Petroleum Search Subsidy Act 1959-1969.
Dated this twenty-seventh
day of February, 1970.
Paul Hasluck
Governor-General.
By His Excellency’s Command,
Minister of State for National Development.
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Amendments of the Petroleum Search Subsidy Regulations†
Prescribed part or costs of prescribed operations.
1. Regulation 4 of the Petroleum Search Subsidy Regulations is amended by omitting from paragraph (a) the word “First”.
Repeal.
2. Regulations 5, 6 and 7 of the Petroleum Search Subsidy Regulations are repealed.
The Schedule.
3. The Schedules to the Petroleum Search Subsidy Regulations are repealed and the following Schedule inserted in their stead:—
THE SCHEDULE
Regulation 4.
Relation of Subsidy to Costs
Column 1 | Column 2 |
Class of operations | Part |
Geophysical survey....................................... | Three-tenths |
Exploration drilling operation................................. | Three-tenths |
* Notified in the Commonwealth Gazette on 1970.
† Statutory Rules 1964, No. 119.
Printed by Authority by the Government Printer of the Commonwealth of Australia
21502/69—Price 5c 10/30.1.1970