Section 104: Gas Flaring Penalties.

1 A licensee, lessee or marginal field operator that flares or vents natural gas, except —
a in the case of an emergency,
b pursuant to an exemption granted by the Commission, or
c as an acceptable safety practice under established regulations, commits an offence under this Act and is liable to a fine as prescribed by the Commission in regulations under this Act.

2 A fine due under this section shall be paid in the same manner and be subject to the same procedure for the payment of royalties to the Government by companies engaged in the production of petroleum.

3 A fine paid under this section shall not be eligible for cost recovery or be tax deductible.

4 Money received from gas flaring penalties by the Commission under this section, shall be for the purpose of environmental remediation and relief of the host communities of the settlors on which the penalties are levied.