Document ID: chunk:federal_register_of_legislation:C2024C00828:clause:4_4
Version: federal_register_of_legislation:C2024C00828
Segment Type: clause
Provision Reference: sch 4 cl 4
Character Range: 2366276–2367056

4  Application for petroleum production licence by holder of petroleum retention lease to which the Royalty Act applies

Scope
 (1) This clause applies to a petroleum retention lease if the Royalty Act applies to the lease.
Note: The Royalty Act applies to a small number of North West Shelf titles.

Application for primary petroleum production licence—lessee's primary entitlement
 (2) If a petroleum retention lease is in force over one or more blocks, the lessee may apply to the Titles Administrator for the grant by the Joint Authority of a petroleum production licence over the blocks worked out using the table:

Lessee's primary entitlement
Item                          In this case...                     the lessee may apply for a petroleum production licence over...