Victorian Current Acts

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 76

Despite section 74(1), a cash‑bid petroleum exploration permit must not be granted subject to conditions requiring the permittee to—

        (a)     carry out work in, or in relation to, the permit area; or

        (b)     spend particular amounts on the carrying out of work in, or in relation to, the permit area.

Note

A grant of a permit may be a grant by way of renewal—see section 11.