Commonwealth Consolidated Acts

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 470

Memorial

  (1)   The Titles Administrator must enter in the relevant Register a memorial for each title and petroleum special prospecting authority.

  (2)   The memorial must comply with the table:

 

Content of memorial
Item	In the case of...	the memorial must...
1	a title or petroleum special prospecting authority	specify the name of the holder of the title or petroleum special prospecting authority.
2	a petroleum exploration permit, petroleum retention lease, petroleum production licence, petroleum special prospecting authority or petroleum access authority	set out an accurate description (including, where convenient, a map) of the permit area, lease area, licence area or authority area.
3	an infrastructure licence	set out details of the licence area.
4	a pipeline licence	set out an accurate description of the route of the pipeline.
5	a title or petroleum special prospecting authority	specify the term of the title or petroleum special prospecting authority.
6	a title or petroleum special prospecting authority	set out such other matters and things as are required by this Act to be entered in the Register.
7	a title or petroleum special prospecting authority	set out such further matters relating to the registered holder, or to the conditions of the title or petroleum special prospecting authority, as the Titles Administrator thinks proper and expedient in the public interest.

  (3)   The Titles Administrator must enter in the relevant Register a memorial of:

  (a)   a notice or instrument:

  (i)   varying; or

  (ii)   cancelling (to any extent); or

  (iii)   surrendering (to any extent); or

  (iv)   otherwise affecting;

    a title or petroleum special prospecting authority; or

  (b)   a notice under subsection   191(5), (6) or (7); or

  (c)   a notice or instrument varying or revoking a notice or instrument referred to in paragraph   (a) or (b).

Note 1:   Subparagraph   (a)(iv) would cover, for example, a notice terminating a petroleum production licence, infrastructure licence or pipeline licence, or a notice revoking a petroleum retention lease or petroleum access authority.

Note 2:   Subsections   191(5), (6) and (7) deal with unit development.

Copy of title may be entered instead of memorial

  (4)   It is a sufficient compliance with the requirements of subsection   (1), (2) or (3) if the Titles Administrator enters a copy of the title, petroleum special prospecting authority, notice or instrument in the relevant Register.

Date of entry to be endorsed

  (5)   The Titles Administrator must endorse on:

  (a)   the memorial; or

  (b)   the copy of the title, petroleum special prospecting authority, notice or instrument;

a memorandum of the date on which the memorial or copy was entered in the relevant Register.