Document ID: chunk:federal_register_of_legislation:C2015A00033:clause:1_118a:p1
Version: federal_register_of_legislation:C2015A00033
Segment Type: clause
Provision Reference: sch 1 cl 118A (pt 1/3)
Character Range: 34622–37248

118A  Grant of boundary‑change petroleum exploration permit

Scope
 (1) This section applies if:
 (a) a State/Territory petroleum exploration title has been granted by a State or the Northern Territory on the basis that an area (the relevant area) is within the coastal waters of the State or Territory; and
 (b) as a result of a change to the boundary of the coastal waters of the State or Territory, the relevant area:
 (i) ceases to be within the coastal waters of the State or Territory; and
 (ii) falls within the offshore area of the State or Territory; and
 (c) either:
 (i) the conditions set out in subsection (2) are satisfied; or
 (ii) the conditions set out in subsection (3) are satisfied.
 (2) The conditions mentioned in subparagraph (1)(c)(i) are:
 (a) one or more, but not all, of the section 33 blocks that were covered by the State/Territory petroleum exploration title immediately before the change are in the relevant area; and
 (b) the title subsequently ceases to be in force at the same time (the relevant time):
 (i) as to all of the section 33 blocks that were covered by the title immediately before the change and that are in the coastal waters of the State or Territory; and
 (ii) otherwise than as the result of the cancellation or surrender of the title.
 (3) The conditions mentioned in subparagraph (1)(c)(ii) are:
 (a) all of the section 33 blocks that were covered by the State/Territory petroleum exploration title immediately before the change are in the relevant area; and
 (b) the title subsequently ceases to be in force at the same time (the relevant time):
 (i) as to all of the section 33 blocks that were covered by the title immediately before the change; and
 (ii) otherwise than as the result of the cancellation or surrender of the title.

Grant of permit where titleholder entitled to apply for renewal of the State/Territory petroleum exploration title
 (4) If:
 (a) assuming that:
 (i) the change to the boundary of the coastal waters of the State or Territory had not occurred; and
 (ii) the relevant area had remained in the coastal waters of the State or Territory;
  the holder of the State/Territory petroleum exploration title would have been entitled to apply under a State PSLA or Territory PSLA for the renewal of the title in relation to all of the section 33 blocks that are:
 (iii) covered by the title; and
 (iv) in the relevant area; and
 (b) there are one or more section 33 blocks (the relevant section 33 blocks) that:
 (i) correspond to the section 33 blocks covered by paragraph (a); and
 (ii) are in the offshore area of the State or Territory; and
 (iii)