Victorian Current Acts

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 245

Reporting obligations of holders of petroleum access authorities

    (1)     If—

        (a)     at any time during a particular month, a petroleum access authority is in force in relation to an area that consists of, or includes, a block that is the subject of a petroleum exploration permit, petroleum retention lease or petroleum production licence; and

        (b)     the registered holder of the petroleum access authority is not the registered holder of the permit, lease or licence—

the registered holder of the petroleum access authority must, within 30 days after the end of that month, give the registered holder of the permit, lease or licence—

        (c)     a written report about the operations carried on in that block during that month; and

        (d)     a written summary of the facts ascertained from those operations.

    (2)     A person who is subject to a requirement under subsection (1) must comply with that requirement.

Penalty:     60 penalty units.

Division 5 —Revocation of petroleum access authorities



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