Regulations respecting the administration and registration of interests and instruments in relation to frontier lands and prescribing fees to be paid in respect of such interests and instruments.
The present Regulations enact the Canada Petroleum Resources Act. In particular, the Act lays down provisions relating to the administration and registration of interests and instruments in relation to frontier lands and fees to be paid. The text - consisting of 21 sections - deals with the following matters: prescribed royalty, payment of prescribed royalty, certification of an abandonment and restoration, royal trust, certification of qualified frontier exploration expenses, reports and returns, interest, penalties and refunds. Two Schedules are enclosed.