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PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 224 Cancellation of non-owner lease in particular circumstances

PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 224

Cancellation of non-owner lease in particular circumstances

224 Cancellation of non-owner lease in particular circumstances

Subject to section 225 , the non-owner lease is cancelled and is taken never to have had any effect if the Minister has not fixed the day of effect before the last of the following days—

(a) the day of the first anniversary of the grant of the non-owner lease;
(b) a later day stated in the non-owner lease.