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M-13.1 - Mining Act
Section 202
Disposition versions
202. (Repealed).
1987, c. 64, s. 202; 1998, c. 24, s. 99; 2016, c. 352016, c. 35, s. 23.
202. The holder of a lease to produce petroleum or natural gas shall pay, before the beginning of each year of the term of the lease, the annual rental prescribed by regulation.
Every lessee under a lease to operate an underground reservoir shall pay, before the beginning of each year of the term of the lease, the annual rental determined by the Minister according to the criteria prescribed by regulation.
Every lessee shall comply with the conditions of the lease prescribed by regulation.
Every lessee shall commence working the deposit or operating the reservoir, as the case may be, within the time indicated in his lease by the Minister.
202. The holder of a lease to produce petroleum or natural gas or of a lease to produce brine shall pay, before the beginning of each year of the term of the lease, the annual rental prescribed by regulation.
Every lessee under a lease to operate an underground reservoir shall pay, before the beginning of each year of the term of the lease, the annual rental determined by the Minister according to the criteria prescribed by regulation.
Every lessee shall comply with the conditions of the lease prescribed by regulation.
Every lessee shall commence working the deposit or operating the reservoir, as the case may be, within the time indicated in his lease by the Minister.
