Document ID: chunk:federal_register_of_legislation:C2006C00058:clause:1_53a
Version: federal_register_of_legislation:C2006C00058
Segment Type: clause
Provision Reference: sch 1 cl 53A
Character Range: 12372–13330

53A  Termination of licence if no operations for 5 years

 (1) If no operations for the recovery of petroleum under a licence referred to in paragraph 53(1)(c) or subsection 53(2) have been carried on for a continuous period of at least 5 years, the Joint Authority may, by written notice served on the licensee, inform the licensee that the Joint Authority proposes to terminate the licence after the end of one month after the notice is served.

 (2) At any time after the end of one month after the notice referred to in subsection (1) is served on the licensee, the Joint Authority may, by written notice served on the licensee, terminate the licence.

 (3) In working out for the purposes of subsection (1) the duration of the period in which no operations for the recovery of petroleum were carried on under a licence, any period in which no such operations were carried on because of circumstances beyond the licensee's control is to be disregarded.