Queensland Consolidated Acts
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]
PETROLEUM ACT 1923 - SECT 74B
Consequence of failure to comply with relinquishment condition
(1) If
the holder does not comply with the relinquishment condition the holder must
be given a notice requiring the holder to comply with the condition within 20
business days after the giving of the notice.
(2) If the holder does not
comply with the requirement, the authority to prospect is cancelled.
(3)
However, the cancellation does not take effect until the holder is given a
notice stating that the authority to prospect is cancelled because of the
operation of subsection (2) .
AustLII: Copyright Policy
| Disclaimers
| Privacy Policy
| Feedback