PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 215
Deciding claims
PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 215
Deciding claims
215 Deciding claims
(1) This section applies if within the 30 business days,
a notice of claim is lodged.
(2) The Minister must decide whether,
immediately before the old lease ended, the claimant owned any of the stored
petroleum or prescribed storage gas.
(3) The Minister may decide that the
claimant does not own any of the stored petroleum or prescribed storage gas if
the Minister considers the claimant did not take reasonable steps to recover
it during the term of the old lease.
(4) Subsection (3) applies even if the
Minister would, other than for the subsection, have decided that the claimant
owned the stored petroleum or prescribed storage gas immediately before the
old lease ended.
(5) If it is decided that the claimant owns any of the
stored petroleum or prescribed storage gas, the claimant is taken to have been
its owner from when the old lease ended.
(6) On deciding a claimant does not
own any of the stored petroleum or prescribed storage gas claimed, the
claimant must be given an information notice about the decision.
