New South Wales Consolidated Acts

PETROLEUM (ONSHORE) ACT 1991 - SECT 53

53 Grant of production lease after objection or proposal

(1) A production lease must include:

(a) a condition proposed, in accordance with this Division, to be included in it (unless the proposal for the inclusion of the condition is withdrawn, or rejected by the decision of the Premier) or, if the condition is modified, the condition as so modified, and

(b) any condition directed to be included in the lease by the decision of the Premier.

(2) The failure to include a condition in a lease as required by this section does not affect the validity of the lease, but the Minister may, by instrument in writing, amend the lease so as to include the condition omitted.

(3) The Minister must cause to be served on the registered holder of a lease amended under subsection (2) a notice in writing setting out the details of the amendment, and the amendment has effect from the date on which the notice is served.