PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 368 Cessation of relinquishment condition for area not overlapping with coal or oil shale exploration tenement
PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 368
Cessation of relinquishment condition for area not overlapping with coal or oil shale exploration tenement368 Cessation of relinquishment condition for area not overlapping with coal or oil shale exploration tenement
If—
(a) a petroleum lease contains a relinquishment condition; and
(b) all or part of the area of the lease ceases to be in the area of a coal or oil shale exploration tenement (thethe condition ceases to apply for the relevant land.
"relevant land" );