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PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 392AO Overlapping lease application for all of the land

PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 392AO

Overlapping lease application for all of the land

392AO Overlapping lease application for all of the land

(1) This section applies if—
(a) the overlapping authority priority is for all of the land; and
(b) within the overlapping authority application period the overlapping permit holder applies for an overlapping lease for all of the land.
(2) A further step can not be taken to decide the petroleum lease application until after the overlapping lease application has been decided.
Note—
The Geothermal Act , chapter 5 , part 5 and the GHG storage Act , chapter 4 , part 5 provide for refusal of the overlapping lease application if it is not pursued in a timely manner.
(3) If the decision on the overlapping lease application is to grant an overlapping lease for all of the land, the petroleum lease application is taken to have lapsed.