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This is a Bill, not an Act. For current law, see the Acts databases.
2002
The Parliament of
the
Commonwealth of
Australia
HOUSE OF
REPRESENTATIVES
Presented and read a first
time
Petroleum
(Submerged Lands) Amendment Bill 2002
No.
, 2002
(Industry, Tourism and
Resources)
A Bill for an Act to amend the
Petroleum (Submerged Lands) Act 1967, and for other
purposes
Contents
A Bill for an Act to amend the Petroleum (Submerged
Lands) Act 1967, and for other purposes
The Parliament of Australia enacts:
This Act may be cited as the Petroleum (Submerged Lands) Amendment Act
2002.
This Act commences on the day on which it receives the Royal
Assent.
Each Act that is specified in a Schedule to this Act is amended or
repealed as set out in the applicable items in the Schedule concerned, and any
other item in a Schedule to this Act has effect according to its
terms.
1 Subsection 30(1)
Omit “section 31”, substitute “sections 31 and
31A”.
2 At the end of
section 31
Add:
Note: The operation of this section is affected by a saving
provision set out in item 32 of Schedule 1 to the Petroleum
(Submerged Lands) Legislation Amendment Act (No. 1) 2000. The saving
provision applies in relation to the first application after the commencement of
item 31 of that Schedule (on 7 March 2000) for the renewal of a permit
that was granted before that commencement.
3 After section 31
Insert:
Scope
(1) This section applies to an application for the renewal of a permit,
where:
(a) the original permit was granted under section 22:
(i) on or after 1 January 2003; and
(ii) as a result of an application made in response to an invitation in an
instrument that was published under subsection 20(1) on or after 1 January
2003; or
(b) the original permit was granted under section 27 on or after
1 January 2003.
Permit cannot be renewed more than twice
(2) A permittee must not make the application if it could result in the
original permit being renewed more than twice.
4 Subsection 38H(4)
Omit “2 notices”, substitute “a notice”.
5 Transitional—section 38H of the
Petroleum (Submerged Lands) Act 1967
If, before the commencement of this item:
(a) a lessee had already complied with a notice of the kind referred to in
paragraph 38H(3)(b) of the Petroleum (Submerged Lands) Act 1967 during
the term of the lease; and
(b) the Designated Authority had given to the lessee during that term a
further notice of that kind; and
(c) the lessee had not complied with the further notice;
the Petroleum (Submerged Lands) Act 1967 has effect, after the
commencement of this item, as if the Designated Authority had not given the
further notice.