OFFSHORE MINERALS ACT 1994 - SECT 361 Dealings in interests in licences not effective until registered
OFFSHORE MINERALS ACT 1994 - SECT 361
Dealings in interests in licences not effective until registeredA document that creates, transfers, affects or otherwise deals with an interest in a licence has no effect until it is registered under Part 3.1.
Note 1: A transfer is a dealing and does not take effect until registered.
Note 2: Transfers are registered under section 338 and other
dealings under section 339.