Queensland Numbered Acts

PETROLEUM AND OTHER LEGISLATION AMENDMENT ACT 2005 No. 3 - SECT 31

Part 6F, division 6--

omit, insert--

'This subdivision provides for additional requirements for a proposed later development plan for a lease.

'The proposed plan must include a statement of how the effects on, and the interests of, any relevant overlapping or adjacent coal or oil shale mining tenement holder have, or have not, been considered, having regard to--

(a) the main purposes of this part;23 and

(b) the CSG assessment criteria.

'(1) The activities provided for under the proposed plan must seek to optimise petroleum production in a safe and efficient way.

'(2) However, the activities must not adversely affect the future safe and efficient mining of coal where it is commercially and technically feasible not to do so.

'If all or part of the area of the lease is in the area of a coal or oil shale mining lease (the relevant land), the proposed plan must, to the extent it applies to the relevant land, be consistent with--

(a) the development plan for the mining lease; and

(b) any coordination arrangement relating to the relevant land.

'This subdivision applies if--

(a) the Minister is considering whether to approve a proposed later development plan for a lease; and

(b) the area of the lease includes all or part of the area of a coal or oil shale mining tenement.

'The matters that must be considered include--

(a) the CSG assessment criteria; and

(b) the effect of any approval of the proposed plan on any relinquishment condition for the lease.'.