Document ID: chunk:federal_register_of_legislation:C2015A00033:clause:1_37
Version: federal_register_of_legislation:C2015A00033
Segment Type: clause
Provision Reference: sch 1 cl 37
Character Range: 17823–18884

37  After subclause 8(1) of Schedule 4
Insert:

Permittee does not apply for a petroleum production licence
 (1A) If:
 (a) a petroleum exploration permittee applies under section 141 for a petroleum retention lease in relation to a block or blocks; and
 (b) a notice refusing to grant the petroleum retention lease is given to the permittee under section 143; and
 (c) the reason for the refusal is that the Joint Authority is not satisfied as to the matter referred to in subparagraph 142(b)(ii); and
 (d) after the section 143 notice is given, the permittee does not, within the application period mentioned in subclause 3(3), apply under clause 2 for a petroleum production licence in relation to that block or those blocks;
then:
 (e) the petroleum exploration permit is revoked to the extent to which it relates to that block or those blocks; and
 (f) the revocation has effect at the end of the application period mentioned in subclause 3(3).

Part 3—Revocation of locations

Division 1—Amendments

Offshore Petroleum and Greenhouse Gas Storage Act 2006