Victorian Current Acts Victorian Current Acts(1) This section applies to an application for renewal of a work‑bid petroleum exploration permit or a special petroleum exploration permit.
(2) The table has effect—
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Limits on renewal | ||||
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Do the standard halving rules in section 106 and rules in section 107 apply? |
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1 |
an application for renewal of a work‑bid petroleum exploration permit, where the original petroleum exploration permit was granted— (a) on or after 1 January 2003; and (b) as a result of an application made in response to an invitation in a notice that was published under section 86(1) on or after 1 January 2003 |
Yes | |
No |
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2 |
an application for renewal of a special petroleum exploration permit, where the original petroleum exploration permit was granted on or after 1 January 2003 |
Yes | |
No |
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3 |
any other application for renewal of a petroleum exploration permit |
Yes | |
Yes, so long as the standard halving rules do not prevent the renewal |
S. 105(3) inserted by No. 16/2018 s. 13.
(3) Despite subsection (2), the standard halving rules in section 106 and the modified halving rules in section 107 do not apply to an application for renewal of a petroleum exploration permit if—
(a) the permit was granted on the basis that an area (the relevant area ) was within the offshore area; and
(b) as a result of a change to the boundary of the offshore area, the relevant area—
(i) ceased to be within the offshore area; and
(ii) fell within the Commonwealth defined offshore area; and
(c) immediately before the change, the relevant area was a part of the permit area.
S. 105(4) inserted by No. 16/2018 s. 13.
(4) For the purposes of subsection (3)—
(a) disregard section 278; and
(b) it is immaterial whether the change occurred before, at or after the commencement of this subsection.
S. 105A inserted by No. 16/2018 s. 14.