New South Wales Consolidated Regulations

PETROLEUM (ONSHORE) REGULATION 2007 - REG 31

31 Savings and transitional provisions

(1) Subject to subclause (2), any act, matter or thing that, immediately before the repeal of the Petroleum (Onshore) Regulation 2002 , had effect under that Regulation continues to have effect under this Regulation.

(2) For the purposes of calculating royalties that are payable on or after the commencement of this Regulation, the provisions of clauses 23 (2) and 24 (2) extend to commercial production that was first begun on land before the commencement of this Regulation.