Commonwealth Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

PETROLEUM (SUBMERGED LANDS) AMENDMENT ACT 1985 No. 80, 1985 - SECT 3

Interpretation
3. (1) Section 5 of the Principal Act is amended -

   (a)  by inserting "or 40B (2) or (3)" after "40 (1) or (2)" in the
        definition
    of "application for a primary licence" in sub-section (1);


   (b)  by inserting "or 40B (4)" after "40 (3)" in the definition of
    "application for a secondarylicence" in sub-section (1);

(c) by inserting after the definition of "inspector" in sub-section (1) the
following definitions:

"'lease' means a retention lease under Part III;
'lease area' means the area constituted by the blocks that are the
subject of a lease;
'lessee' means the registered holder of a lease;";
(d) by inserting "or lease" after "permit" (wherever occurring) in the
definition of "partly determined" in sub-section (1);
(e) by omitting from sub-section (1) the definition of "primary
entitlement" and substituting the following definition:

"'primary entitlement' means -

   (a)  in relation to a permittee - the number of blocks
forming part of a location in the permit area in respect
of which that permittee may make an application under
sub-section 40 (1); and

   (b)  in relation to a lessee - the number of blocks in the lease
area in respect of which that lessee may make an
application under sub-section 40B (2);";
(f) by inserting "lease," after "permit," (wherever occurring) in the
definition of "registered holder" in sub-section (1);
(g) by inserting ", lease" after "permit" (wherever occurring) in
paragraph (a) of the definition of "the relinquished area" in
sub-section (1);
(h) by inserting "or lease" after "permit" (wherever occurring) in
paragraph (b) of the definition of "the relinquished area" in
sub-section (1);
(j) by inserting after paragraph (c) of the definition of "the relinquished
area" in sub-section (1) the following paragraph:

"(ca) in relation to a lease that has been wholly cancelled - the
area constituted by the blocks in respect of which the lease
was in force;";
(k) by inserting "lease," after "permit," (wherever occurring) in the
definition of "wholly cancelled" in sub-section (1);
(m) by inserting "or lease" after "permit" (wherever occurring) in the
definition of "wholly determined" in sub-section (1);

   (n)  by inserting in sub-sections (2), (3) and (8) "lease," after "permit,"
(wherever occurring); and

   (o)  by inserting after sub-section (4) the following sub-section:

"(4A) In this Act, a reference to the renewal, or the grant of a
renewal, of a lease is a reference to the grant of a lease in respect of the
blocks in respect of which the first-mentioned lease was in force to
commence on the day after the date of expiration of the
first-mentioned lease or on the day after the date of expiration of the
lease granted upon a previous renewal of the first-mentioned lease.".

(2) Section 5 of the Principal Act is amended by inserting ", special
prospecting authority" after " pipeline licence" (wherever occurring) in the
definition of "registered holder" in sub-section (1). 


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback