• Specific Year
    Any

PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 586 Recovery of costs of and compensation for exercise of remedial power

PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 586

Recovery of costs of and compensation for exercise of remedial power

586 Recovery of costs of and compensation for exercise of remedial power

(1) The State may recover from the responsible person as a debt any—
(a) reasonable costs the State, or an authorised person under section 580 , incurs in exercising a remedial power; and
(b) compensation payable by the State under section 584 in relation to the exercise of the remedial power.
Note—
See also section 841 .
(2) However, in any proceeding to recover the costs, any relevant net proceeds of sale mentioned in section 585 must be deducted from the amount claimed for the costs.
(3) In this section—


"relevant net proceeds of sale" means proceeds of sale under which the thing sold was the property of the responsible person immediately before its removal under section 585 .


"responsible person" means the holder, or former holder, of the petroleum authority in relation to which the remedial powers were exercised.