Western Australian Current Acts Western Australian Current Acts (1) Where —
(a) a
licence is surrendered or cancelled as to a block; or
(b) a
permit or lease is surrendered, cancelled or determined as to a block —
(i)
that, at the time of the surrender, cancellation or
determination, was, or was included in, a location; and
(ii)
in which, in the opinion of the Minister, there is
petroleum;
or
(ba) a
petroleum pool from which the petroleum has been recovered is within or
extends to a block or blocks in respect of which no permit, lease or licence
is in force,
the Minister may, at
any subsequent time, by instrument published in the Gazette —
(c)
invite applications for the grant of a licence in respect of that block; and
(d)
specify a period within which applications may be made.
(2) The Minister
shall, in an instrument under subsection (1), state —
(a) that
an applicant is required to specify an amount that he would be prepared to pay
in respect of the grant of a licence to him on his application; or
(b) that
an applicant is required to specify a rate of royalty that he would be
prepared to pay, if a licence were granted to him on his application, in
respect of petroleum recovered under the licence, being a rate that exceeds
10% of the royalty value of that petroleum.
(3) Where the
Minister, in an instrument under subsection (1), states that an applicant is
required to specify a rate of royalty as mentioned in subsection (2)(b), the
Minister may, in that instrument, state that an applicant on whose application
he is prepared to grant a licence will also be required to pay to him, in
respect of the grant of the licence to the applicant, the amount specified in
that behalf in that instrument.
[(4), (5) deleted]
(6) An application
under this section —
[(a) deleted]
(b)
shall be made in an approved manner; and
(c)
shall be accompanied by the particulars referred to in section 41(1)(c); and
(d) in
the case of an application under subsection (1), shall specify, in accordance
with the requirement in the instrument by which applications were invited, the
amount or the rate of royalty that the applicant would be prepared to pay; and
[(e) deleted]
(f) may
set out any other matters that the applicant wishes the Minister to consider.
(7) The Minister may,
at any time, by instrument in writing served on the applicant, require him to
furnish, within the period specified in the instrument, further information in
connection with his application.
[Section 47 amended: No. 12 of 1990 s. 182; No. 11
of 1994 s. 9; No. 28 of 1994 s. 95; No. 42 of 2010 s. 102.]