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(1) A contractor shall measure and analyse the petroleum produced, transported and sold from a field by a method customarily used in good international petroleum industry practice and in applicable enactments.

(2) The Commission shall after consultation with the Standards Authority approve the measurement system which may be verified as prescribed.

(3) A contractor shall not alter the

(a) method of measurement, or

(b) Calibration of any equipment used for measurement without the written approval of the Commission.

(4) The Commission may require an alteration to be made only in the presence of a person authorized by the Commission.

(5) The Commission may direct that the method of measurement or the calibrated equipment be tested or examined by the relevant agency occasionally, or at the intervals and by the means prescribed.

(6) A test or examination under subsection (5) may be done in the presence of a person authorized by the Commission.

(7) Where a measuring method or calibrated equipment is found to be incorrect, that method or calibrated equipment is considered to have existed in that condition during a period that is represented by half of the period from the last occasion when the method or equipment was tested or examined to the date when the method or equipment was found to be incorrect.

(8) Royalty and any other payments due to the Government, the Commission or the Corporation under the petroleum agreement for that period shall be adjusted accordingly.

(9) A contractor who knowingly uses an inaccurate measuring method or an uncalibrated equipment commits an offence and is subject to penalties under section 93.

(10) The Commission shall install facilities to monitor production.

(11) This section applies to the Corporation where it undertakes petroleum activities under section 11 (1).