Document ID: chunk:federal_register_of_legislation:C2010C00673:body:0:p8
Version: federal_register_of_legislation:C2010C00673
Segment Type: other
Provision Reference: 
Character Range: 17930–20719

to a person who responded to a public invitation to
apply for it within a specified period or by a specified day;
and
    (ii) the amount is not an application fee or a deposit,
except to the extent that the amount is applied in payment for
the grant of the production licence; and
    (iii) the amount is incurred in carrying on prescribed
petroleum operations or for the purpose of exploring or
prospecting for petroleum obtainable by prescribed petroleum
operations;".
  10. Subsection 124ABA(6) (definition of "permit cash bidding
payment"):
Add at the end:
  "; or (c) an amount paid for the grant of an exploration
permit (other than one issued under Part III of the Petroleum
Act), if:
    (i) the permit was auctioned or tendered for, or was
granted to a person who responded to a public invitation to
apply for it within a specified period or by a specified day;
and
    (ii) the amount is not an application fee or a deposit,
except to the extent that the amount is applied in payment for
the grant of the exploration permit; and
    (iii) the amount is incurred in carrying on prescribed
petroleum operations or for the purpose of exploring or
prospecting for petroleum obtainable by prescribed petroleum
operations;".
  11. Subsection 124ABA(6) (definitions of "exploration
permit", "production licence" and "retention lease"):
Omit the definitions, substitute respectively the following
definitions:

  "'exploration permit' means:
  (a) an exploration permit for petroleum under Part III of the
Petroleum Act; or
  (b) any permit, licence, lease or other authority (other than
a production licence) that:
    (i) is granted under a law of the Commonwealth, a State, a
Territory or a foreign country (other than a law of a foreign
country declared by the regulations as mentioned in paragraph
(7)(a)); and
    (ii) authorises exploration or prospecting for petroleum,
whether or not it also authorises other things;
  'production licence' means:
  (a) a production licence for petroleum under Part III of the
Petroleum Act; or
  (b) any permit, licence, lease or other authority that:
    (i) is granted under a law of the Commonwealth, a State, a
Territory or a foreign country (other than a law of a foreign
country declared by the regulations as mentioned in paragraph
(7)(a)); and
    (ii) authorises the carrying on of mining operations for
the extraction (other than merely by taking samples) of
petroleum from its natural site, whether or not it also
authorises other things;
  'retention lease' means:
  (a) a retention lease under Part III of the Petroleum Act; or
  (b) any permit, licence (other than a production licence),
lease or authority in relation to an area that:
    (i) is granted under a law of the Commonwealth, a State, a
Territory or a foreign country