New South Wales Consolidated Acts

PETROLEUM (ONSHORE) ACT 1991 - SECT 15

15 Applications to be supported by evidence of financial standing

(1) An application for a petroleum title must be accompanied by evidence of:

(a) the financial standing of the applicant, and

(b) the technical qualifications of the applicant and of the applicant’s technical advisers, and

(c) the ability of the applicant to comply with the provisions of this Act and the regulations relating to the petroleum title for which application is made.

(2) The applicant, if so requested in writing by the Minister, must furnish such further evidence relating to the matters referred to in subsection (1) as the Minister requires.

(3) If the applicant fails to furnish such further evidence to the satisfaction of the Minister within 30 days of such a request, the application may be refused.