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PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 26 Petroleum the property of the State

PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 26

Petroleum the property of the State

26 Petroleum the property of the State

(1) This section is subject to section 28 and chapter 2 , part 6 , division 3 .
(2) All petroleum as follows is, and always has been, the property of the State
(a) petroleum on the surface of land, if it was produced in the State;
(b) petroleum in a natural underground reservoir in the State, other than petroleum in the reservoir produced outside the State and injected or reinjected into the reservoir.
(3) To remove any doubt, it is declared that—
(a) a person does not acquire any property in petroleum merely because the person discovers petroleum in a natural underground reservoir; and
(b) subsection (2) (a) applies whether or not the land is freehold or other land; and
(c) subsection (2) (b) applies whether or not the natural underground reservoir is in or under freehold or other land.
(4) This section applies despite any other Act, grant, title or other document in force from the commencement of this section.
(5) In this section—


"the State" does not include any of the adjacent area under the Petroleum (Submerged Lands) Act 1982 .