PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 44

PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 44

44—Variation of licence area

        (1)         Where an application is made under section 39(2) for a variation of a licence, the Minister shall, by instrument in writing served on the licensee, vary the licence to include in the licence area the blocks specified in the application.

        (2)         On and from the day on and from which a variation of a licence under this section has effect—

            (a)         the blocks included in the licence area by reason of the variation are, subject to this Part, for the remainder of the term of the licence, blocks in respect of which the licence is in force; and

            (b)         the permit that is in force in respect of the blocks so included ceases to be in force in respect of those blocks.