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PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 578 Deciding application

PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 578

Deciding application

578 Deciding application

(1) The Minister may approve a surrender only if—
(a) up to the day the application was made, the holder had submitted all reports required to be submitted under this Act; and
(b) the Minister considers the surrender is not against the public interest; and
(c) for a surrender of all of the area of the petroleum authority—all of the relevant environmental authority has been cancelled or surrendered; and
(d) for a surrender of part the area of the petroleum authority—the relevant environmental authority has been amended or partially surrendered in a way that reflects the partial surrender of the petroleum authority.
(2) The matters that must be considered in deciding whether to approve a surrender include the extent to which the applicant has complied with the conditions of the authority.
(3) If the application is for part of the area of a petroleum authority, the surrender may be approved subject to the applicant’s written agreement to the Minister amending the conditions applying to the rest of the area of the authority in a stated way that the Minister considers appropriate.