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MINERAL AND ENERGY RESOURCES (COMMON PROVISIONS) ACT 2014 - SECT 142A
Petroleum production notice given more than 6 months after advance notice
(1) This section applies if— (a) an EP (coal) holder or MDL (coal) holder
gave an advance notice for an ML (coal) to an ATP holder under part 2 in
relation to an overlapping area; and
(b) a petroleum production notice in
relation to the overlapping area was given under this part more than 6 months
after the giving of the advance notice; and
(c) the PL is granted, but the ML
(coal) has not yet been granted.
(2) The mining commencement date for an IMA
in the overlapping area must be taken to be the date that is the earlier of
the following— (a) the end of 9 years after the giving of the advance
notice;
(b) the end of 11 years after the giving of the advance notice, less
the period between the giving of the advance notice and the giving of the
petroleum production notice.
(3) This section does not limit— (a) the
changing of the mining commencement date for the IMA in the way mentioned in
section 115 (1) (b) or (c) ; or
(b) the power of the petroleum
resource authority holder to give an exceptional circumstances notice under
section 127 ; or
(c) the power of the ML (coal) holder to give an
acceleration notice under section 128 .
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