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 | Event or circumstance | |
1 | 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 | 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.