Queensland Numbered Acts

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PETROLEUM AND OTHER LEGISLATION AMENDMENT ACT 2005 No. 3 - SECT 56

56 Amendment of s 250 (The make good obligation)

Section 250--

insert--

'(5) However, if the petroleum tenure (the original tenure) ends because it is divided under chapter 2--

(a) subsection (2) does not apply for the original tenure; but
(b) subsection (1) applies to each petroleum tenure (the new tenure) into which the original tenure was divided as if any underground water rights exercised for any part of the area of the original tenure that is in the area of the new tenure were exercised for the new tenure.'.

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