Commonwealth Numbered Acts

PETROLEUM (SUBMERGED LANDS) AMENDMENT ACT 1985 No. 80, 1985 - SECT 29

29. Section 111 of the Principal Act is amended -

   (a)  by omitting sub-section (1) and substituting the following
        sub-section:

"(1) A person may make an application to the Designated
Authority for the grant of a special prospecting authority in respect of
a block or blocks in respect of which a permit, lease or licence is not in
force."; and

   (b)  by inserting after sub-section (6) the following sub-sections:

"(6A) A special prospecting authority is not capable of being
transferred.

"(6B) Where -

   (a)  a person holds a special prospecting authority in respect of a
block; and

   (b)  another special prospecting authority is granted to another
person in respect of the block,
the Designated Authority shall, by notice in writing served on each of
those persons, inform each of them of -

   (c)  the petroleum exploration operations authorized by the special
prospecting authority granted to the other person; and

   (d)  the conditions to which the special prospecting authority
granted to the other person is subject.".