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PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 37K Directions by Minister on discovery of petroleum

PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 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 who fails to comply with a direction given to him under subsection (1) is guilty of an offence and is liable on summary conviction to a fine not exceeding 100 penalty units.