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PETROLEUM (SUBMERGED LANDS) (DATA MANAGEMENT) AMENDMENT REGULATIONS 2007 (NO. 1) (SLI NO 316 OF 2007)

- Registered on FRLII: 28 September 2007
- Department:DITR
- Description:These Regulations amend the Petroleum (Submerged Lands) (Data Management) Regulations 2004 to increase the confidentiality periods for speculative seismic data in order to attract new investment in non-exclusive seismic activity in Australian waters. They also remove the need for quarterly reports pertaining to exploration permits and include a provision to ensure that all data and samples must be kept in Australia unless otherwise approved.

TABLE OF PROVISIONS

   1.      Name of Regulations  
   2.      Commencement  
   3.      Amendment of Petroleum (Submerged Lands) (Data Management) Regulations 2004  
           SCHEDULE 1 Amendments


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