94. Subject to sections 95 and 98, the licensee shall, each year, perform in the territory covered by his licence, work of the nature and for the minimum cost determined by regulation. However, the amounts spent on property examination and technical assessment work shall not be accepted beyond one-fourth of the minimum cost.
Before the end of each year of the term of the licence, the licensee shall report the work to the Minister; the report shall be in the form and accompanied with the documents prescribed by regulation.
1987, c. 64, s. 94; 1988, c. 9, s. 26; 2003, c. 15, s. 21.