Document ID: chunk:federal_register_of_legislation:C2024C00828:section:241
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 241
Character Range: 579840–580463

241  Duration of petroleum access authority
 (1) A petroleum access authority comes into force on the day specified in the authority as the day on which the authority is to come into force.
 (2) A petroleum access authority remains in force for the period specified in the authority, but may be extended by the Titles Administrator for a further specified period.
 (3) Subsection (2) has effect subject to this Chapter.
Note 1: For the surrender of a petroleum access authority, see Part 2.12.
Note 2: For the revocation of a petroleum access authority, see section 250.

Division 2—Obtaining a petroleum access authority