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PETROLEUM (SUBMERGED LANDS) AMENDMENT ACT 1980 No. 80, 1980 - SECT 25

Unit development
25. Section 59 of the Principal Act is amended-

   (a)  by omitting sub-section (1) and substituting the following
        sub-section:



"59. (1) In this section, the expression "unit development"-

   (a)  applies in relation to a petroleum pool that is partly in a particular
        licence area of a licensee and partly in a licence area of another
        licensee or in an area that is not within an adjacent area but in
        which a person other than the first-mentioned licensee is lawfully
        entitled to carry on operations for the recovery of petroleum from the
        pool; and

   (b)  means the carrying on of operations for the recovery of petroleum from
        that pool under co-operative arrangements between the persons entitled
        to carry on such operations in each of those areas.";

   (b)  by adding at the end of sub-section (2) "but such an agreement does
        not have any force or effect unless it has been approved by the
        Designated Authority"; and

   (c)  by adding at the end thereof the following sub-sections:



"(11) If a petroleum pool extends, or is reasonably believed by the Designated
Authority to extend, from the adjacent area in respect of a State or Territory
into-

   (a)  lands to which the laws of that State or Territory or of another State
        or Territory relating to the exploitation of petroleum resources
        apply; or

   (b)  the adjacent area of an adjoining State or Territory, each Designated
        Authority concerned shall consult concerning the exploitation of the
        petroleum pool with any other Designated Authority concerned and with
        the appropriate authority of a State or Territory referred to in
        paragraph (a).



"(12) Where sub-section (11) applies in relation to a petroleum pool, a
Designated Authority shall not approve an agreement under this section, or
give a direction under this section, in relation to that petroleum pool except
with the approval of any other Designated Authority concerned and any State or
Territory authority concerned.". 


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