H-4.2 - Petroleum Resources Act

Full text
48. The Minister awards a production licence to an exploration licence holder who has obtained a favourable decision from the Board on their project, the Government’s authorization under section 31.5 of the Environment Quality Act (chapter Q-2) as well as, if applicable, the authorization of the Commission de protection du territoire agricole du Québec, and who meets the conditions and pays the fee the Government determines by regulation.
The Minister awards a storage licence to an exploration or production licence holder on the same conditions.
In such a case, the territory subject to the exploration or production licence is reduced by the area of the territory subject to the production or storage licence, as applicable.
2016, c. 35, s. 232016, c. 35, s. 23.
Not in force
48. The Minister awards a production licence to an exploration licence holder who has obtained a favourable decision from the Board on their project, the Government’s authorization under section 31.5 of the Environment Quality Act (chapter Q-2) as well as, if applicable, the authorization of the Commission de protection du territoire agricole du Québec, and who meets the conditions and pays the fee the Government determines by regulation.
The Minister awards a storage licence to an exploration or production licence holder on the same conditions.
In such a case, the territory subject to the exploration or production licence is reduced by the area of the territory subject to the production or storage licence, as applicable.
2016, c. 35, s. 232016, c. 35, s. 23.