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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE (RESOURCE MANAGEMENT AND ADMINISTRATION) REGULATIONS 2011 - REG 5.12

Revision required by Regulator--objection to requirement

  (1)   If the Regulator gives a titleholder a notice under regulation   5.11, the titleholder may give an objection, in writing, to the Regulator:

  (a)   stating one or more of the following:

  (i)   that the revision should not occur;

  (ii)   that the revision should not address the matters set out in the notice or should address different matters;

  (iii)   that the date by which the titleholder must submit a revision should be later than the proposed date; and

  (b)   giving reasons for the objection.

  (2)   The titleholder must make the objection within 21 days after receiving the notice, or a longer period allowed by the Regulator.

  (3)   The Regulator must, within 30 days after receiving the objection, decide whether to accept or reject the objection.

  (4)   The Regulator must notify the titleholder, in writing, of the following matters as soon as practicable after making a decision:

  (a)   the terms of the decision, including:

  (i)   whether the original notice given under regulation   5.11 is varied or withdrawn; and

  (ii)   if the original notice is varied--the new requirements;

  (b)   if the decision is to reject the objection--the reasons for the decision.


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