PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 107D Approval of special amendment
PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 107D
Approval of special amendment107D Approval of special amendment
(1) The Minister may approve a special amendment under this subdivision if the Minister considers the amendment is justified by an event mentioned in section 107A (2) (a) or circumstances mentioned in section 107A (2) (b) .
(2) Without limiting the matters the Minister may have regard to, the Minister may have regard to—(a) the optimisation of the development and use of the State’s petroleum resources; and(b) whether, in the circumstances, the relinquishment requirements or the work program amendment provisions allow for sufficient flexibility to achieve the optimisation mentioned in paragraph (a) .