(1) This regulation applies in relation to a well in a title area if:
(a) immediately before the commencement time, there was no accepted well operations management plan in force for any activity relating to the well; and
(b) immediately before the commencement time, the well was not permanently abandoned; and
(c) subregulation 5.32(1) does not apply.
(2) The titleholder must make an application under regulation 5.06 for acceptance of a well operations management plan for the well no later than 12 months after the commencement time.
(3) Despite the amending regulation:
(a) regulation 5.03A and Divisions 2 and 7 of this Part of the new regulations do not apply in relation to the well until a well operations management plan has been accepted; and
(b) Divisions 2, 7 and 8, and regulations 5.31 and 5.31A, of Part 5 of the old regulations apply in relation to the well until a well operations management plan has been accepted.
(4) To avoid doubt, Division 8 of this Part of the new regulations has effect in relation to the well.