Document ID: chunk:federal_register_of_legislation:C2024C00828:clause:4_3
Version: federal_register_of_legislation:C2024C00828
Segment Type: clause
Provision Reference: sch 4 cl 3
Character Range: 2364818–2366276

3  Application period
 (1) The application period for an application under clause 2 is:
 (a) the period of 2 years after the day (the declaration day) on which the block that constitutes the location concerned was, or the blocks that constitute the location concerned were, declared to be a location; or
 (b) such longer period, not more than 4 years after the declaration day, as the Titles Administrator allows.
 (2) The Titles Administrator may allow a longer period under paragraph (1)(b) only on written application made by the permittee within the period of 2 years mentioned in paragraph (1)(a).
 (3) Despite subclause (1), if:
 (a) a petroleum exploration permittee has applied for a petroleum retention lease under section 141 over a block or blocks; and
 (b) a notice refusing to grant the petroleum retention lease has been given to the permittee under section 143; and
 (ba) the reason for the refusal is that the Joint Authority is not satisfied as to the matter referred to in subparagraph 142(b)(ii);
the application period for an application made by the permittee under clause 2 for the grant of a petroleum production licence over the block or blocks is whichever of the following periods ends last:
 (c) the period that is applicable under subclause (1);
 (d) the period of 12 months after the day on which the notice was given.
Note: Clause 8 deals with the consequences of a failure to make an application within the application period.