(1) Before cancelling a
petroleum title, otherwise than at the request of the holder of the title, the
Minister is to cause a written notice to be served on the holder of the title
that contains the following--
(a) notice that the title is proposed to be
cancelled,
(b) details of the grounds for the proposed cancellation,
(c)
notice that the holder of the title has a specified period (of at least 28
days) in which to make representations with respect to the proposed
cancellation.
(2) The Minister must not cancel a petroleum title, otherwise
than at the request of the holder of the title, unless--
(a) the Minister has
taken any such representations received from the holder of the title into
consideration, or
(b) the period specified in the notice has elapsed and no
such representations have been received.
(3) The Minister is to cause written
notice of the cancellation of a petroleum title to be given to the holder of
the petroleum title.
(4) The cancellation takes effect on the date on which
the written notice of the cancellation is given to the holder of the
petroleum title, or on a later date specified in the notice.
(5) The
cancellation of a petroleum title does not affect any liability incurred by
the holder of the petroleum title before the cancellation took effect.
(6) No
compensation is payable by the Crown for or in respect of the cancellation of
a petroleum title.
