OFFSHORE MINERALS ACT 1994 - SECT 401 Removal of property from offshore area

OFFSHORE MINERALS ACT 1994 - SECT 401

  (1)   The regulations may provide for:

  (a)   the removal from an offshore area of property that:

  (i)   has been brought into the offshore area for use in offshore exploration or mining activities; and

  (ii)   is not being used and is not intended to be used in exploration or mining activities in accordance with a licence; and

  (b)   the disposal by the Designated Authority of property removed under regulations made for the purposes of paragraph   ( a); and

  (c)   the recovery of costs and expenses incurred by the Designated Authority in removing or disposing of property in accordance with regulations made for the purposes of paragraphs   ( a) and (b).

  (2)   Regulations made for the purposes of paragraph   ( 1)(a) may provide for removal by the Designated Authority or by someone else.

  (3)   Regulations made for the purposes of paragraph   ( 1)(c) may provide for the recovery of costs by way of deduction from the proceeds of the disposal.

  (4)   Subject to the regulations, no action lies in respect of the removal or disposal of property in accordance with the regulations.

  (5)   In this section:

"property" includes a structure or equipment.