TABLE OF PROVISIONS Long Title Preamble Chapter 1 -- Introduction PART 1.1 -- Legislative formalities and background 1. Short title 2. Commencement 3. Commonwealth-State agreement (the Offshore Constitutional Settlement) Division 1 -- General 4. Notes in the text 5. Interpretation 6. Shares in a licence 7. Transfer of a licence 8. Successor licences 9. Section number not used 10. Position on the Earth’s surface 11. Section number not used 12. Power to vary and revoke instruments Division 2 -- Basic concepts 13. – 15. Section numbers not used CHAPTER 2 -- Regulation of offshore exploration and mining PART 2.1 -- General Division 1 -- General Division 2 -- Application for and grant of exploration licence over standard blocks Division 3 -- Application for and grant of exploration licence over tender block Division 4 -- Duration of exploration licence Division 5 -- Voluntary surrender of part of exploration licence area Division 6 -- Application for and grant of renewal of exploration licence Division 7 -- Obligations associated with exploration licence Division 8 -- Expiry of exploration licence CHAPTER 3 -- Registration and Dealings PART 3.1 -- Registration Division 1 -- Preliminary Division 2 -- Matters to be entered in register Subdivision A -- Licences Subdivision B -- Caveats Division 3 -- Miscellaneous Chapter 4 -- Administration PART 4.1 -- Information management Division 1 -- Inspections Division 2 -- Directions Division 3 -- Securities Division 4 -- Restoration of environment Division 5 -- Safety zones Chapter 5 -- Miscellaneous SCHEDULE 1 -- Area in which coastal waters are situated SCHEDULE 2 -- Savings and transitional provisions[Assented to 17 April 2003]