Victorian Current Acts

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 153

Restrictions on conditions of petroleum production licences

    (1)     Despite section 151(1), a petroleum production licence must not be granted subject to specific conditions requiring the licensee to—

        (a)     make a well in the licence area; or

        (b)     carry out a seismic survey, or any other kind of survey, in, or in relation to, the licence area; or

        (c)     spend particular amounts on the carrying out of work in, or in relation to, the licence area.

    (2)     To avoid doubt, a condition covered by section 152(1) does not breach subsection (1).



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