A royalty charged as a percentage of a resource's value. Queensland uses one for petroleum, so it collects from the first cargo, profit or not.
A royalty set as a percentage of value, e.g. Queensland’s petroleum royalty.
A royalty charged as a percentage of a resource's value. Queensland uses one for petroleum, so it collects from the first cargo, profit or not.
A royalty set as a percentage of value, e.g. Queensland’s petroleum royalty.