OFFSHORE MINERALS ACT 1994 - SECT 191 Obligations of former retention licence holders and former associates
OFFSHORE MINERALS ACT 1994 - SECT 191
Obligations of former retention licence holders and former associates(1) Subject to subsection ( 4), if:
(i) a retention licence holder; or
(ii) an associate of a retention licence holder; and
(c) an obligation associated with the licence arising out of:
(ii) a direction given under section 387 by the Designated Authority in relation to the licence; or
(iii) this Act or the regulations;
(d) the person was bound by that obligation when the person was the licence holder or an associate;
the person remains bound by the obligation until the obligation is discharged.
(2) Subsection ( 1) does not continue an obligation to carry out exploration or recovery activities.
(3) Subsection ( 1) continues an obligation that a person had to carry out exploration or recovery activities in a particular manner if the person carries them out.
(4) The Joint Authority may determine that the person is not subject to:
(a) a particular obligation under this section; or
(b) all the person's remaining obligations under this section.
(5) A determination under subsection ( 4) is to be in
writing.