PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 898 Consequence of failure to comply with notice to lodge proposed later development plan
PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 898
Consequence of failure to comply with notice to lodge proposed later development plan898 Consequence of failure to comply with notice to lodge proposed later development plan
(1) If a converted lease holder does not comply with a requirement under section 897(6)(a), the lease is cancelled.
(2) However, the cancellation does not take effect until the holder is given a notice stating that the lease has been cancelled because of the operation of subsection (1).