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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE AMENDMENT ACT 2024 (NO. 42 OF 2024) - SECT 14
Termination of life-of-field petroleum production licence if no recovery operations for 5 years
(1) In the heading to section 163 of the Principal
Act, after " recovery operations " insert " or underground petroleum storage
operations ".
(2) In section 163(1)(b) and (3) of the Principal
Act, after "recovery operations" insert "or underground petroleum storage
operations".
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