17.12.19. The following sums are credited to the fossil energy management component of the Fund: (1) the sums collected under the Petroleum Resources Act (chapter H-4.2) or the regulations, except a part, determined by the Minister, of the fees collected for an exploration, production or storage licence or an authorization to produce brine, the royalties paid for petroleum and brine production, and the fees paid for petroleum storage;
(1.1) the amounts from the imposition of monetary administrative penalties under Chapter XV of the Petroleum Resources Act;
(2) the fines paid by offenders against the Petroleum Resources Act or the regulations;
(3) the sums collected in respect of the sale of property or services by the component; and
(4) the income from the investment of the sums making up the fossil energy management component.
The surpluses accumulated in the fossil energy management component are transferred to the general fund on the dates and to the extent determined by the Government.
2013, c. 16, s. 55; 2016, c. 35, s. 23; 2020, c. 19, s. 491.