Western Australian Current Acts

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OFFSHORE MINERALS ACT 2003 - SECT 360

360 .         Dealings in licences to be in writing

        (1)         An interest in a licence may be created, transferred, affected or otherwise dealt with only by a written document.

        Note:

                A transfer must be in writing because it is a dealing.

        (2)         Subsection (1) does not apply to the rights of a licence holder that devolve to a person by operation of law.

        Note:

        1.         Rights might devolve to a person, for example, by operation of the laws relating to intestacy or bankruptcy.

        2.         For the registration of rights that devolve to a person by operation of law see section 340.



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