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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 268

Variation, suspension and exemption--conditions of petroleum special prospecting authorities and petroleum access authorities

When the conditions of a title may be the subject of a variation, suspension or exemption

  (1)   This section applies if an event specified in the table happens, or a circumstance specified in the table exists:

 

When the conditions of a title may be the subject of a variation, suspension or exemption

Item

Title

Event or circumstance

1

a petroleum access authority

a petroleum access authority is in force over the whole or a part of a block that is the subject of a petroleum exploration permit, petroleum retention lease or petroleum production licence.

2

a petroleum access authority

the Titles Administrator varies a petroleum access authority over a block that is the subject of a petroleum exploration permit, petroleum retention lease or petroleum production licence.

3

a petroleum special prospecting authority or petroleum access authority

the registered holder of the authority applies in writing to the Titles Administrator for:

(a) a variation or suspension of any of the conditions to which the authority is subject; or

(b) exemption from compliance with any of the conditions to which the authority is subject.

4

a petroleum special prospecting authority or petroleum access authority

the Titles Administrator or NOPSEMA gives a direction or consent to the registered holder of the authority under:

(a) this Chapter; or

(b) Chapter   6; or

(c) Part   7.1; or

(d) the regulations.

Variation, suspension or exemption

  (2)   The Titles Administrator may, by written notice given to the registered holder of the authority:

  (a)   vary; or

  (b)   suspend; or

  (c)   exempt the registered holder from compliance with;

any of the conditions to which the authority is subject, on such conditions (if any) as are specified in the notice.


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