Victorian Current Acts

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 9

Term of petroleum titles

For the purposes of this Act, the table has effect—

Term of title etc.

Item

A reference in this Act to...

is a reference to...

1

the term of—

(a)     a petroleum exploration permit; or

(b)     a petroleum retention lease; or

(c)     a petroleum production licence; or

(d)     an infrastructure licence; or

(e)     a pipeline licence; or

(f)     a petroleum special prospecting authority; or

(g)     a petroleum access authority

the period during which the permit, lease, licence or authority remains in force.

2

a year of the term of—

(a)     a petroleum exploration permit; or

(b)     a petroleum retention lease; or

(c)     a petroleum production licence; or

(d)     an infrastructure licence; or

(e)     a pipeline licence

a period of one year beginning on—

(a)     the day on which the permit, lease or licence comes into force; or

(b)     any anniversary of that day.

3

the expiry date of—

(a)     a petroleum exploration permit; or

(b)     a petroleum retention lease; or

(c)     a petroleum production licence

the day on which the permit, lease or licence ceases to be in force.



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