Document ID: chunk:federal_register_of_legislation:C2024C00828:section:118a:p2
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 118A (pt 2/3)
Character Range: 312571–315212

(b) there are one or more section 33 blocks (the relevant section 33 blocks) that:
 (i) correspond to the section 33 blocks covered by paragraph (a); and
 (ii) are in the offshore area of the State or Territory; and
 (iii) are not the subject of a variation under section 267A;
the Joint Authority is taken:
 (c) to have granted the holder a petroleum exploration permit over those relevant section 33 blocks; and
 (d) to have done so immediately after the relevant time mentioned in whichever of subsection (2) or (3) is applicable.
Note: For the duration of the petroleum exploration permit, see item 3 of the table in subsection 102(1).

Grant of permit where titleholder not entitled to apply for renewal of the State/Territory petroleum exploration title
 (5) If:
 (a) assuming that:
 (i) the change to the boundary of the coastal waters of the State or Territory had not occurred; and
 (ii) the relevant area had remained in the coastal waters of the State or Territory;
  the holder of the State/Territory petroleum exploration title would not have been entitled to apply under a State PSLA or Territory PSLA for the renewal of the title in relation to all of the section 33 blocks that are:
 (iii) covered by the title; and
 (iv) in the relevant area; and
 (b) there are one or more section 33 blocks (the relevant section 33 blocks) that:
 (i) correspond to the section 33 blocks that were covered by the State/Territory petroleum exploration title immediately before the change; and
 (ii) are in the offshore area of the State or Territory; and
 (iii) are not the subject of a variation under section 267A;
the Joint Authority is taken:
 (c) to have granted the holder a petroleum exploration permit over those relevant section 33 blocks; and
 (d) to have done so immediately after the relevant time mentioned in whichever of subsection (2) or (3) is applicable.
Note: For the duration of the petroleum exploration permit, see item 4 of the table in subsection 102(1).

Certain provisions to be disregarded
 (6) For the purposes of subsections (4) and (5), disregard any of the following provisions of a State PSLA or Territory PSLA:
 (a) standard halving rules;
 (b) modified halving rules;
 (c) a provision of a kind specified in the regulations.

Deemed section 33 block
 (7) If, after the change to the boundary of the coastal waters of the State or Territory:
 (a) a part of a section 33 block that was covered by the State/Territory petroleum exploration title immediately before the change is in the coastal waters of the State or Territory; and
 (b) the remaining part of the section 33 block is in the offshore area of the