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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 264

Variation, suspension and exemption—conditions of petroleum special prospecting authorities and petroleum access authorities

    (1)     This section applies if an event specified in the table happens, or a circumstance specified in the table exists—

When the conditions of a title may be the subject of a variation, suspension or exemption

Item

Title

Event or circumstance

1

a petroleum access authority

a petroleum access authority is in force over the whole or a part of a block that is the subject of a petroleum exploration permit, petroleum retention lease or petroleum production licence.

2

a petroleum access authority

the Minister varies a petroleum access authority over a block that is the subject of a petroleum exploration permit, petroleum retention lease or petroleum production licence.







3

a petroleum special prospecting authority or petroleum access authority

the registered holder of the authority applies in writing to the Minister for—

(a)     a variation or suspension of any of the conditions to which the authority is subject; or

(b)     exemption from compliance with any of the conditions to which the authority is subject.

4

a petroleum special prospecting authority or petroleum access authority

the Minister gives a direction or consent to the registered holder of the authority under—

(a)     this Chapter; or

(b)     Chapter 6; or

(c)     Part 7.1; or

(d)     the regulations.

    (2)     The Minister may, by written notice given to the registered holder of the authority—

        (a)     vary; or

        (b)     suspend; or

        (c)     exempt the registered holder from compliance with—

any of the conditions to which the authority is subject, on such conditions (if any) as are specified in the notice.

Part 2.12 —Surrender of titles

Division 1 —Surrender of petroleum exploration permits, petroleum production licences, petroleum retention leases, infrastructure licences and pipeline licences



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