Victorian Current Acts

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 271

    (1)     The table has effect—

Cancellation
Item	If there is a ground for cancelling...	the Minister may, by written notice given to the registered holder,...
1	a petroleum exploration permit	cancel the permit as to some or all of the blocks in relation to which the permit is in force.
2	a petroleum retention lease	cancel the lease as to all of the blocks in relation to which the lease is in force.
3	a petroleum production licence	cancel the licence as to some or all of the blocks in relation to which the licence is in force.
4	an infrastructure licence	cancel the licence.
5	a pipeline licence	cancel the pipeline licence as to the whole or a part of the pipeline in relation to which the licence is in force.

Note

Consultation procedures apply—see section 272.

    (2)     In exercising a power conferred by subsection (1), the Minister must take into account any action taken by the registered holder—

        (a)     to remove the ground of cancellation; or

        (b)     to prevent the recurrence of similar grounds.

    (3)     A cancellation takes effect on the day on which notice of the cancellation is published in the Government Gazette.