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PETROLEUM ACT 1923 - SECT 53D
Lease taken to have development plan until decision on whether to approve proposed development plan
53D Lease taken to have development plan until decision on whether to approve
proposed development plan
(1) This section applies until— (a) if the proposed plan is approved—the
holder is given notice of the approval; or
(b) if approval of the proposed
plan is refused—when the refusal takes effect.
Note— For when the
decision takes effect, see section 53G .
(2) Despite the ending of the
plan period for the current development plan for the lease— (a) the lease is
taken to have a development plan; and
(b) the holder may carry out any
authorised activity for the lease.
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