New South Wales Consolidated Acts

PETROLEUM (ONSHORE) ACT 1991 - SECT 23

23 Conditions of titles

(1) A petroleum title is subject to:

(a) the conditions imposed by the Minister and specified in the title, and

(b) any conditions prescribed by the regulations.

(2) In the event of any inconsistency between conditions prescribed by the regulations and conditions imposed by the Minister, the latter prevail to the extent of the inconsistency.

(3) The conditions that may be imposed on a title include (but are not limited to) conditions with respect to:

(a) work to be carried out by the holder of the title in or in relation to the land comprised in the title during or after the term of the title, and

(b) amounts to be expended by the holder of the title in carrying out any such work.

(4) Conditions of the kind referred to in subsection (3) may include provision for the carrying out of an approved work program, and approved expenditure, for each year of the term of the title. Such conditions may be varied by the Minister from time to time by notice in writing served on the holder of the title.