Commonwealth Consolidated Acts

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 246

  (1)   The Titles Administrator may, by written notice given to the registered holder of a petroleum access authority, vary the petroleum access authority.

  (2)   A variation of the petroleum access authority may be made:

  (a)   on the application of the registered holder; or

  (b)   on the Titles Administrator's own initiative.

  (3)   An application for a variation of the petroleum access authority must:

  (a)   set out the proposed variation; and

  (b)   specify the reasons for the proposed variation.