The main purposes of this Act are—
(a) to amend the Mineral Resources (Sustainable Development) Act 1990 —
(i) to prevent the exploration for and mining of coal seam gas; and
(ii) to ban hydraulic fracturing; and
(iii) to enable the Minister to pay for the surrender of certain mining licences, exploration licences and retention licences for coal seam gas; and
(b) to amend the Petroleum Act 1998 —
(i) to ban hydraulic fracturing; and
(ii) to impose a moratorium on petroleum exploration and petroleum production in the onshore areas of Victoria until 30 June 2020; and
(iii) to enable the Minister to pay for the surrender of certain exploration permits, retention leases and production licences; and
(c) to make consequential amendments to the Resources Legislation Amendment (BTEX Prohibition and Other Matters) Act 2014 to repeal provisions that will be made redundant by this Act.