Northern Territory Consolidated Regulations

PETROLEUM (SUBMERGED LANDS) REGULATIONS - REG 6

For the purposes of section 114(1)(a) of the Act, the prescribed amount of a security is:

        (a)     in the case of a security referred to in Division 2 or 2A of Part II of the Act – $30,000;

        (b)     in the case of a security referred to in Division 3 of Part II of the Act – $300,000; and

        (c)     in the case of a security referred to in Division 4 of Part II of the Act – $120,000.