New South Wales Consolidated Acts

PETROLEUM (ONSHORE) ACT 1991 - SECT 96B

96B Caveats

(1) A person claiming a legal or equitable interest in a petroleum title may lodge with the Secretary a caveat, accompanied by the prescribed fee for the lodgment of a caveat, directing the Secretary not to register any transfer of the petroleum title otherwise than in accordance with the provisions of the caveat.

(2) Unless sooner withdrawn, a caveat remains in force for the period of 3 months from the date on which it is lodged.

(3) While a caveat remains in force, a transfer of the petroleum title may not be registered in contravention of the provisions of the caveat otherwise than pursuant to an order of the Supreme Court directing the Secretary to register the transfer.

(4) At the expiration of the period for which a caveat is in force, a transfer of the petroleum title to which it relates is to be registered unless, before the expiration of that period, the Secretary is served with an order of the Supreme Court prohibiting the Secretary from registering the transfer.