Document ID: chunk:federal_register_of_legislation:C2024C00828:section:162:p1
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 162 (pt 1/2)
Character Range: 401104–403936

162  Conditions of petroleum production licences
 (1) The Joint Authority may grant a petroleum production licence subject to whatever conditions the Joint Authority thinks appropriate.
Note: A grant of a licence may be a grant by way of renewal—see section 11.
 (2) The conditions (if any) must be specified in the licence.
 (2A) Subsection (1) does not apply to a petroleum production licence granted under section 183A.

Petroleum production licence to which the Royalty Act applies
 (3) A petroleum production licence to which the Royalty Act applies is subject to a condition that the licensee will comply with the provisions of the Royalty Act.
Note: The Royalty Act applies to a small number of North West Shelf titles.
 (4) Despite subsection (2), the condition mentioned in subsection (3) does not need to be specified in the licence.

General condition
 (5) A petroleum production licence may be granted subject to a general condition requiring the licensee to:
 (a) explore for petroleum in the licence area with a view to determining whether there is any additional recoverable petroleum in the licence area; and
 (b) recover such petroleum if it is commercially viable to do so.
 (6) Subsection (5) does not limit subsection (1), (12) or (19).

Specific conditions
 (7) Despite subsection (1), a petroleum production licence must not be granted subject to specific conditions requiring the licensee to:
 (a) make a well in the licence area; or
 (b) carry out a seismic survey, or any other kind of survey, in, or in relation to, the licence area; or
 (c) spend particular amounts on the carrying out of work in, or in relation to, the licence area.
 (8) To avoid doubt, a condition covered by subsection (5) does not breach subsection (7).

Renewal conditions
 (9) In making a decision about the conditions to which a petroleum production licence granted on renewal will be subject, the Joint Authority must have regard to:
 (a) the investment of the licensee, or of any former licensee, during the term of:
 (i) the original petroleum production licence; or
 (ii) any petroleum production licence granted on a previous renewal;
  where the investment relates to:
 (iii) operations authorised by the licence concerned; or
 (iv) any other development connected with those operations; and
 (b) such other matters (if any) as the Joint Authority considers relevant.

Declared petroleum production licences—approval of key petroleum operations
 (10) A declared petroleum production licence is subject to the condition that the licensee will not carry on key petroleum operations under the licence unless the responsible Commonwealth Minister has approved the operations under section 163.
 (11) Despite subsection (2), the condition mentioned in subsection (10) does not need to be specified in the licence.
 (12) If, under