Queensland Numbered Acts

PETROLEUM AND OTHER LEGISLATION AMENDMENT ACT 2005 No. 3 - SECT 42

Part 10, division 1--

insert--

'(1) This section applies to the holder of any 1923 Act petroleum tenure under which petroleum production is carried out before 30 June 2005.

'(2) The holder must, within 12 months after the 2004 Act start day, lodge at the following office a statement about the need to have an underground water impact report for the tenure--

(a) the office of the department for lodging the statement, as stated in a gazette notice by the chief executive;

(b) if no office is gazetted under paragraph (a)--the office of the chief executive.

'(3) The chief executive may, after considering the statement, decide whether an underground water impact report is required for the tenure.

'(4) The chief executive may require the holder to give the chief executive further information to enable the chief executive to make a decision under subsection (3).

'(5) If the chief executive decides an underground water impact report is not required, sections 75IM and 75IX25 are taken never to have applied to the holder.

'(6) If the chief executive decides an underground water impact report is required, the chief executive may decide a reasonable time by which the report must be lodged.

'(7) If, under subsection (6), the chief executive decides a time, section 75IM is taken not to apply to the holder until that time.

'(8) A decision under this section has no effect until the holder is given notice of it.

'Section 75IG26 only applies in relation to an existing Water Act bore that was in existence on the 2004 Act start day or came into existence after that day.'.