Western Australian Current Acts

PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 38D

38D .         Term of lease

        (1)         Subject to this Part, a lease (whether granted by way of renewal of a lease or otherwise and other than a lease granted under section 38CD) remains in force for a period of 5 years commencing on the day on which the lease was granted or, if a later day is specified in the lease as being the day on which the lease is to come into force, on that later day.

        (2)         Subject to this Part, a lease granted under section 38CD remains in force for a period of 5 years commencing on the day on which the lease is granted.

        [Section 38D inserted: No. 12 of 1990 s. 174; amended: No. 7 of 2017 s. 40.]