PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 363G
Ministerial power to suspend authority to prospect requirements
PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 363G
Ministerial power to suspend authority to prospect requirements
363G Ministerial power to suspend authority to prospect requirements
(1)
This section applies if the Minister is satisfied that, because of
section 363D, the holder of an authority to prospect is not able to, or will
not be able to, carry out all or any authorised activities for the authority.
(2) The Minister may, by giving notice to the authority holder, decide to
suspend or limit any of the performance requirements for the authority to
prospect, for all or part of the term of the authority.
(3) During the
suspension or limitation, the obligation does not apply to the extent of the
suspension or limitation.
(4) In this section—
"performance requirement" means an obligation under this Act or a condition of
an authority to prospect, and includes an obligation about relinquishment.
