PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 899 Existing renewal applications
PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 899
Existing renewal applications899 Existing renewal applications
If—
(a) under section 894, a former 1923 Act lease becomes a converted lease on 31 December 2004; and
(b) before 31 December 2004, an application to renew the lease had been made under the 1923 Act; and
(c) immediately before 31 December 2004 the application had not been granted;on 31 December 2004, the application is taken to be a renewal application for the converted lease, made under sections 161 and 162.