Royalty Interest

“Royalty interest” means any interest in, or the right to receive a portion of, any oil or gas produced and saved from a field or pool or part of a field or pool or the proceeds from the sale thereof, but does not include a working interest or the interest of any person whose sole interest is as a purchaser of oil or gas from the pool or part thereof; droit à redevance.

Source: Canada Oil and Gas Operations Act, R.S.C., 1985, c. O-7, Canada, current to April 29, 2013. Legislation

Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. Legislation

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