PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 37K
PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 37K
37K—Directions by Minister on discovery of petroleum
(1) Where petroleum is
discovered in a lease area, the Minister may, by instrument in writing served
on the lessee, direct the lessee to do, within the period specified in the
instrument, such things as the Minister thinks necessary and specifies in the
instrument to determine the chemical composition and physical properties of
that petroleum and to determine the quantity of petroleum in the
petroleum pool to which the discovery relates or, if part only of that
petroleum pool is within the lease area, in such part of that petroleum pool
as is within the lease area.
(2) A person to whom a
direction is given under subsection (1) shall comply with the direction.
Maximum penalty: $10 000.