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PETROLEUM (TIMOR SEA TREATY) ACT 2003 - SECT 7
Petroleum activities
(1) A person commits an offence if the person:
(a) undertakes activities to produce petroleum in or from the JPDA; and
(b) does so otherwise than:
(i) in accordance with a production sharing contract; or
(ii) with the approval of the Designated Authority.
Maximum penalty:
Imprisonment for 5 years.
(2) In subsection (1):
"activities to produce petroleum" includes exploration, development, initial
processing, production, transportation, marketing, as well as planning and
preparation for such activities.
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