Section 43.90.300. Qualification for resource inducements.

   (a) Notwithstanding any contrary provision of law, a lessee or other person that demonstrates to the satisfaction of the commissioners that the person has committed to acquire firm transportation capacity in the first binding open season of the project is qualified to receive the resource inducement set out in AS 43.90.310 and 43.90.320 for gas produced on the North Slope and shipped in firm transportation capacity acquired in the first binding open season of the project. The inducement in AS 43.90.310 is contractual.
   (b) A gas producer receiving a voucher under AS 43.90.330 is qualified to receive the resource inducement in AS 43.90.310 and 43.90.320 for the gas shipped in the firm transportation capacity described in the voucher for the period described in AS 43.90.330.

Authorities

43.90.310;43.90.320

Notes

Implemented As

11 AAC 25.020
11 AAC 25.030
11 AAC 25.040
11 AAC 25.900
15 AAC 90.200
15 AAC 90.210
15 AAC 90.220
15 AAC 90.230
15 AAC 90.900

References

11 AAC 25.010
11 AAC 25.020
15 AAC 90.200
AS 43.90.310 Royalty inducement.
AS 43.90.320 Gas production tax exemption.

History

(Sec. 1 ch 22 SLA 2007)