Victorian Current Acts

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 180

    (1)     If—

        (a)     a petroleum exploration permittee could apply under section 164 for a petroleum production licence in relation to a block or blocks; and

        (b)     the permittee does not, within the application period, make the application—

then—

        (c)     the petroleum exploration permit is revoked to the extent to which it relates to that block or those blocks; and

        (d)     the revocation has effect at the end of the application period.

Note

For application period, see section 165.

    (2)     If an application made by a petroleum exploration permittee under section 164 in relation to a block or blocks lapses—

        (a)     the petroleum exploration permit is revoked to the extent to which it relates to that block or those blocks; and

        (b)     the revocation has effect—

              (i)     at the end of the application period; or

              (ii)     on the lapsing of the application—

whichever is the later.

Note

For lapsing of applications, see section 256.

    (3)     If an application made by a petroleum retention lessee under section 166 in relation to a block or blocks lapses—

        (a)     the petroleum retention lease is revoked to the extent to which it relates to that block or those blocks; and

        (b)     the revocation has effect on the lapsing of the application.

Notes

1     For lapsing of applications, see section 256.

2         See also section 115(3) (revocation of declaration of location where block is no longer the subject of a petroleum exploration permit or a petroleum retention lease).

S. 180(4) inserted by No. 16/2018 s. 28.

    (4)     This section does not apply in relation to a petroleum exploration permit if—

        (a)     the permit has been granted on the basis that an area (the relevant area ) is within the offshore area; and

        (b)     as a result of a change to the boundary of the offshore area, the relevant area—

              (i)     ceases to be within the offshore area; and

              (ii)     falls within the Commonwealth defined offshore area; and

        (c)     immediately before the change, the relevant area was a part of the permit area.

S. 180(5) inserted by No. 16/2018 s. 28.

    (5)     For the purposes of subsection (4)—

        (a)     disregard section 278; and

        (b)     it is immaterial whether the change occurred before, at or after the commencement of this subsection.

Division 6 —Petroleum field development

Subdivision 1 —Directions about the recovery of petroleum