PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 379 Requirement for coordination arrangement to transfer petroleum lease in tenure area of mining lease

PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 379

379 Requirement for coordination arrangement to transfer petroleum lease in tenure area of mining lease

(1) This section applies, despite the Common Provisions Act , chapter 2 , part 1 , if land is in the area of a petroleum lease and a coal or oil shale mining lease.

(2) A transfer of the petroleum lease must not be approved as a prescribed dealing under the Common Provisions Act , section 19 , or registered as a notifiable dealing under the Common Provisions Act , section 19B , unless the proposed transferee and the mining lease holder are—

(a) the same entity; or

(b) parties to a coordination arrangement about—

(i) petroleum production under the petroleum lease; and

(ii) coal or oil shale mining and any incidental coal seam gas mining under the mining lease.