Document ID: chunk:federal_register_of_legislation:C2024C00828:section:166
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 166
Character Range: 418949–420914

166  Termination of life‑of‑field petroleum production licence if no recovery operations for 5 years

Termination of licence
 (1) If:
 (a) a petroleum production licence is a life‑of‑field petroleum production licence; and
 (b) no petroleum recovery operations under the licence have been carried on at any time during a continuous period of at least 5 years;
the Joint Authority may, by written notice given to the licensee, tell the licensee that the Joint Authority proposes to terminate the licence after the end of 30 days after the notice is given.
 (2) At any time after the end of 30 days after the notice is given to the licensee, the Joint Authority may, by written notice given to the licensee, terminate the licence.
Note: For remedial directions following termination, see section 587 or 587A.
 (3) In working out, for the purposes of subsection (1), the period in which no petroleum recovery operations were carried on under a licence, disregard any period in which no such operations were carried on because of circumstances beyond the licensee's control.
 (4) For the purposes of subsection (3), the depletion of recoverable petroleum is not a circumstance beyond the licensee's control.
Note: See also section 780 (compensation for acquisition of property).

Consultation
 (5) The Joint Authority may give a copy of a notice under subsection (1) to such other persons (if any) as the Joint Authority thinks fit.
 (6) A notice under subsection (1) must:
 (a) invite a person to whom the notice, or a copy of the notice, has been given to make a written submission to the Joint Authority about the proposal to terminate the licence; and
 (b) specify a time limit for making that submission.
Note: All communications to the Joint Authority are to be made through the Titles Administrator—see section 63.
 (7) In deciding whether to terminate the licence, the Joint Authority must take into account any submissions made in accordance with the notice.