New South Wales Consolidated Acts

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PETROLEUM (ONSHORE) ACT 1991 - SECT 126B

Petroleum titles and low-impact prospecting titles not personal property under Personal Property Securities Act 2009 (Cth)

126B Petroleum titles and low-impact prospecting titles not personal property under Personal Property Securities Act 2009 (Cth)

Each of the following is declared not to be personal property for the purposes of the Personal Property Securities Act 2009 of the Commonwealth:

(a) a petroleum title,
(b) a low-impact prospecting title granted under Division 6 of Part 3.
Note: The Personal Property Securities Act 2009 of the Commonwealth does not apply in relation to a right, licence or authority granted by or under a law of a State that is declared by the law not to be personal property for the purposes of that Act.



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