Queensland Consolidated Acts

MINERAL AND ENERGY RESOURCES (COMMON PROVISIONS) ACT 2014 - SECT 153

153 Expedited land access for petroleum resource authority holders

(1) This section applies if—

(a) a petroleum resource authority holder gives an ML (coal) holder a negotiation notice under section 84 ; and

(b) the petroleum resource authority holder and ML (coal) holder have not entered into any of the following before the end of the minimum negotiation period—

(i) a conduct and compensation agreement;

(ii) a deferral agreement;

(iii) an opt-out agreement.

(2) Despite a requirement under chapter 3 to give an entry notice, the petroleum resource authority holder may enter an overlapping area the subject of the petroleum resource authority, other than an IMA or SOZ in the overlapping area, to carry out an authorised activity for the authority if—

(a) the petroleum resource authority holder gives the ML (coal) holder an expedited entry notice; and

(b) the first day the petroleum resource authority holder enters the overlapping area is at least 10 business days after the day the petroleum resource authority holder gives the ML (coal) holder the expedited entry notice.

(3) Nothing in this section limits any other provision of chapter 3 , including, for example, a provision requiring the petroleum resource authority holder and the ML (coal) holder to enter into an agreement mentioned in subsection (1) (b) .

(4) In this section—

"expedited entry notice" means a notice that—

(a) states the petroleum resource authority holder intends to enter an overlapping area on a stated date; and

(b) includes any other information prescribed by regulation.

"ML (coal) holder" means the holder of an ML (coal).