Commonwealth Consolidated Acts Commonwealth Consolidated Acts(a) the Joint Authority is of the opinion that a petroleum exploration permittee is entitled to nominate a block or blocks under subsection 129(1) or (2); and
(b) the permittee has not done so;
the Joint Authority may, by written notice given to the permittee, require the permittee to nominate the block or blocks within:
(c) 90 days after the day on which the notice was given; or
(d) such longer period, not more than 180 days after the day on which the notice was given, as the Joint Authority allows.
(2) The Joint Authority may allow a longer period under paragraph (1)(d) only on written application made by the permittee within the period of 90 days mentioned in paragraph (1)(c).
Consequences of non - compliance
(3) If the permittee does not comply with the requirement, the
Joint Authority may, by written notice given to the permittee, nominate the
block or blocks for declaration as a location.