(1) A petroleum access authority comes into force on the day specified in the authority as the day on which the authority is to come into force.
(2) A petroleum access authority remains in force for the period specified in the authority, but may be extended by the Minister for a further specified period.
(3) Subsection (2) has effect subject to this Chapter.
Notes
1 For the surrender of a petroleum access authority, see Part 2.12.
2 For the revocation of a petroleum access authority, see section 246.
Division 2 —Obtaining a petroleum access authority