PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 237 Approval does not confer right to renew
PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 237
Approval does not confer right to renew237 Approval does not confer right to renew
To remove any doubt, it is declared that if the term of a coordination arrangement is longer than the current term of any relevant lease, the approval of the arrangement does not impose an obligation or right to renew the lease.