PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 66
Part usually required to be relinquished
PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 66
Part usually required to be relinquished
66 Part usually required to be relinquished
(1) This section is subject to
sections 66A , 68 and 69 .
(2) The holder must relinquish 50% of the original
notional sub-blocks of the authority to prospect by the end of the
relinquishment day.
(3) The sub-blocks required to be relinquished under this
section is the
"usual relinquishment" .
