DEEP OFFSHORE AND INLAND BASIN PRODUCTION SHARING CONTRACTS ACT
Section 9: Allocation of tax oil
Tax oil shall be allocated to the Corporation or the holder, as the case may be, in such quantum as shall generate an amount of proceeds equal to the actual petroleum profit tax liability payable during each month.
Cite this section
Section 9, DEEP OFFSHORE AND INLAND BASIN PRODUCTION SHARING CONTRACTS ACT (1993).
https://repo.podus.ai/laws/deep-offshore-and-inland-basin-production-sharing-contracts-act/section/9/