Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section applies if the Joint Authority publishes a notice under subsection 104(1) inviting applications for the grant of a petroleum exploration permit.
Withdrawal by single applicant
(2) If a person has made an application, the person may, by written notice given to the Joint Authority, withdraw the application at any time before a petroleum exploration permit is granted as a result of the application.
Withdrawal by all joint applicants
(3) If 2 or more persons have made a joint application, all of those persons may, by written notice given to the Joint Authority, withdraw the application at any time before a petroleum exploration permit is granted as a result of the application.
Withdrawal by one or more, but not all, joint applicants
(a) a joint application was made under section 104 for the grant of a petroleum exploration permit; and
(b) all of the joint applicants, by written notice given to the Joint Authority, tell the Joint Authority that one or more, but not all, of them, as specified in the notice, withdraw from the application;
(c) the application continues in force as if it had been made by the remaining applicant or applicants; and
(d) if the Joint Authority had given the joint applicants an
offer document in relation to the application--the Joint Authority is taken
not to have given the offer document to the joint applicants.