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PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 162 Requirements for making renewal application

PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 162

Requirements for making renewal application

162 Requirements for making renewal application

(1) The application must—
(a) be in the approved form; and
(b) state whether or not the development plan for the petroleum lease has been complied with; and
(c) if the development plan has not been complied with—state details of, and the reasons for, each noncompliance; and
(d) include a proposed later development plan for the renewed lease; and
(e) state whether or not the applicant has complied with chapter 5 , part 7 , for reports required to be lodged in relation to the lease; and
(f) be accompanied by—
(i) the application fee prescribed under a regulation; and
(ii) if the application is made less than 40 business days before the end of the term of the lease—an amount that is 10 times the application fee.
(2) The proposed later development plan must comply with the later development plan requirements.