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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 169

Application period

  (1)   The application period for an application under section   168 is:

  (a)   the period of 2 years after the day (the declaration day ) on which the block that constitutes the location concerned was, or the blocks that constitute the location concerned were, declared to be a location; or

  (b)   such longer period, not more than 4 years after the declaration day, as the Titles Administrator allows.

  (2)   The Titles Administrator may allow a longer period under paragraph   (1)(b) only on written application made by the permittee within the period of 2 years mentioned in paragraph   (1)(a).

  (3)   Despite subsection   (1), if:

  (a)   a petroleum exploration permittee has applied for a petroleum retention lease under section   141 over a block or blocks; and

  (b)   a notice refusing to grant the petroleum retention lease has been given to the permittee under section   143; and

  (ba)   the reason for the refusal is that the Joint Authority is not satisfied as to the matter referred to in subparagraph   142(b)(ii);

the application period for an application made by the permittee under section   168 for the grant of a petroleum production licence over the block or blocks is whichever of the following periods ends last:

  (c)   the period that is applicable under subsection   (1);

  (d)   the period of 12 months after the day on which the notice was given.

Note:   Section   188 deals with the consequences of a failure to make an application within the application period.



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