PETROLEUM AND OTHER LEGISLATION AMENDMENT ACT 2005 No. 3 - SECT 48 48 Amendment of s 78A (Penalty relinquishment if work program not completed within extended period)

Queensland Numbered Acts

48 Amendment of s 78A (Penalty relinquishment if work program not completed within extended period)

(1) Section 78A, 'that corresponds'--

omit, insert--

'that the Minister is satisfied corresponds'.

(2) Section 78A--

insert--

'(2) The holder must give the chief executive written notice of the relinquishment within 20 business days after the end of the extended period.

'(3) If the holder does not comply with subsection (2), the Minister may take action under section 80T(1)(b).'.

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