Oil Refinery Agreement Ratification Act (NT)
NORTHERN TERRITORY OF AUSTRALIA
OIL REFINERY AGREEMENT RATIFICATION ACT 1984
As in force at 20 July 1984
NORTHERN TERRITORY OF AUSTRALIA
As in force at 20 July 1984
OIL REFINERY AGREEMENT RATIFICATION ACT
An Act to approve agreements between the Territory and certain companies relating to the construction and operation of an oil refinery, and for other purposes
Whereas:
1 By separate leases dated 18 November 1981 and registered in the Register of Leases kept under section 10 of the
Petroleum (Prospecting and Mining) Act as Petroleum Lease No. 4 and Petroleum Lease No. 5 respectively, the Minister for Mines and Energy, for and on behalf of the Territory, granted to United Canso Oil & Gas Co. (N.T.) Pty. Ltd. and to Magellan Petroleum (N.T.) Pty. Ltd. leases under that Act of certain lands comprising the Mereenie oil field;2 Set out in Schedule 2 to each of those leases are agreements, in identical terms, duly executed and dated 18 November 1981, between the Territory and "the Joint Companies" named in the agreements relating to, amongst other things, the construction of an oil refinery;
3 By clause 2 of both of those agreements it is provided that the agreement "shall have no force or effect and shall not be binding on either party unless and until it is approved by an Act of the Territory".
This Act may be cited as the
The agreements set out in Schedule 2 to the leases registered in the Register of Leases kept under section 10 of the
(1) The agreements approved by section 2 shall be construed benevolently so as to give effect to their general intention and, to the extent that, but for this section, any part of either of them would not be enforce-able as being in conflict with a law (including the common law) in force in the Territory, that part shall prevail and be enforceable as if this Act had amended, or expressly altered the effect of, that law to the extent necessary to allow the part of the agreement so to prevail and be enforceable.
(2) Subsection (1) shall apply notwithstanding that any time limits expressed in the agreements to apply have, before the commencement of this Act, expired.
section 2
1(1) In this Agreement, unless the contrary intention appears:
Minister means the Minister for Mines and Energy, or such other Minister for the Territory as may be charged with the administration of the Act.the Act means the Petroleum (Prospecting and Mining) Act of the Territory.the petroleum leases means the petroleum leases to be granted in respect of the lands described in Schedule 1 to the lease.the Territory means, according to the context, the body politic established by theNorthern Territory (Self-Government) Act 1978 of the Commonwealth as the Northern Territory of Australia or the geographical area constituting the Northern Territory of Australia.(2) Any reference to an Act means that Act as amended from time to time or any Act in substitution for that Act.
(3) In this Agreement, unless the contrary intention appears, words in the singular include the plural and words in the plural include the singular.
(4) For the purposes of this Agreement, the expression
good oilfield practice wherever occurring in this Agreement shall include the requirement that the land will be developed in accordance with the technology which, from time to time, is determined in writing by the Minister to be the most appropriate technology and which causes the least damage to natural resources of the land, including fauna and flora, and the least damage to or pollution or degradation of the natural environment.Operation of agreement 2(1) This Agreement shall have no force or effect and shall not be binding on either party unless and until it is approved by an Act of the Territory.
(2) Acts or things which have been done or carried out by or on behalf of a party to this Agreement prior to the coming into force of this Agreement but which were done or carried out in contemplation of this Agreement and in accordance with its provisions shall, so far as is appropriate and practicable, be deemed to have been done or carried out under and for the purposes of this Agreement.
Investigations and construction by joint companies 3(1) On the ratification of this Agreement in the manner provided in clause 2, the Joint Companies will actively continue their investigations into the feasibility and economics of constructing the oil refinery the subject of this Agreement and shall, subject to subclause (4) of this clause, if requested so to do from time to time by the Minister on 3 years notice, construct an oil refinery in accordance with the terms of this Agreement.
(2) Where the Joint Companies notify the Territory that they desire to proceed with the construction of the oil refinery, then from the date such notification is received by the Territory the whole of the provisions of this Agreement which are not already in operation shall come into operation and be binding on the parties.
(3) In the event of the Joint Companies notifying the Territory of their intention to proceed to construct the oil refinery under subclause (2) of this clause, the Joint Companies shall undertake and complete within 3 years (or such extended period as the Minister shall agree to) of the Joint Companies so notifying the Territory, the construction of an oil refinery of such capacity and at such place as is agreed between the Joint Companies and the Minister.
(4) If the Joint Companies, within the 3 years referred to in subclause (1) of this clause, notify the Territory that, in their judgment, the construction of the oil refinery is not justified (the reasons for which decision they shall notify the Territory and shall support such notification with reasonably detailed data as to such technical or economic factors involved as are relevant and pertain to the lease area) then from the date of such notification, upon the Minister being satisfied in respect of the reasons advanced by the Joint Companies the request of the Minister referred to in subclause (1) of this clause shall lapse and upon such lapsing of any such request by the Minister no further request shall be made by the Minister pursuant to subclause (1) of this clause until the expiration of 2 years after such lapsing of the prior request.
(5) In determining the economic viability of the oil refinery, regard shall be had to the economic viability of the oil refinery, its associated pipeline and the production of petroleum products from the petroleum leases.
(6) The Joint Companies shall not be required to construct a refinery of a greater capacity than that which is necessary to refine the crude oil capable of being produced from the lands comprised in the said petroleum leases provided however that the Joint Companies shall be entitled to construct an oil refinery of such greater capacity as they may elect.
(7) Upon the Minister making a request pursuant to subclause (1) of this clause or upon the Joint Companies notifying the Territory pursuant to subclause (2) of this clause, no increase shall thereafter be made in the rate of royalty payable pursuant to the Act in respect of the petroleum leases unless the request of the Minister shall have lapsed pursuant to subclause (4) of this clause or the Joint Companies shall have made default in respect of their obligation to construct an oil refinery pursuant to this Agreement.
Pipeline 4(1) If the Joint Companies are requested under subclause (1) of clause 3 or give notice pursuant to subclause (2) of clause 3 of their desire to construct the oil refinery, then the Joint Companies shall be entitled to a licence for transport of petroleum between the lease area and the oil refinery.
(2) The Joint Companies may, by notice in writing to the Minister, elect to construct the pipeline and, on making such election, shall provide to the Minister full and detailed plans and specifications for the construction of the pipeline.
(3) The Joint Companies shall apply for the necessary pipeline licence or other authorization necessary to construct and operate the pipeline, whether under the
Petroleum (Prospecting and Mining) Act or another law of the Territory.(4) The Joint Companies shall comply with all relevant laws, regulations and statutory provisions governing the construction of the pipeline.
Investigations by the joint companies 5(1) The Joint Companies shall diligently pursue such matters as are necessary to enable them to submit proposals to the Territory under clauses 6 and 7 of this Agreement.
(2) The Joint Companies shall, from time to time and upon request by the Territory, advise the Territory in reasonable detail as to the progress of matters referred to in clauses 6 and 7 of this Agreement.
(3) If the Territory concurrently carries out its own investigation and reconnaissances in regard to all or any of the matters referred to in subclause (1) of this clause, the Joint Companies shall co-operate with the Territory and, so far as reasonably practicable, shall consult with the representatives or officers of the Territory and make full disclosures and expressions of opinion regarding matters referred to in this clause.
(4) When submitting to the Minister the proposals referred to in clauses 6 and 7 of this Agreement the Joint Companies shall, so far as is reasonably practicable, ensure that such proposals:
(a) provide for the best overall development of the oil refinery area; and
(b) disclose any conditions of use then in contemplation and where alternative proposals are submitted the Joint Companies’ preferences in relation to such matters.
Refinery location proposal 6(1) As soon as the Joint Companies are ready to do so and in any event not later than the thirty-first day of December 1982, the Joint Companies shall submit to the Minister their proposal for the location of an oil refinery and the sites for and general design of the road and railway terminal including areas for installations, stockpiling, railways and other purposes in the oil refinery area.
(2) At any time prior to the thirty-first day of December 1982, the Joint Companies may give notice to the Territory that they reasonably require the reservation until the thirty-first day of December 1987, of an area or areas of Crown land and land at or near Alice Springs for possible development by the Joint Companies for an oil refinery site and road and rail access to and from that area.
(3) Immediately upon and after the giving of a notice pursuant to subclause (2) of this clause the Territory (unless the Joint Companies otherwise agree) shall take all practicable administrative steps to prevent any development at Alice Springs or elsewhere which would be likely to interfere with the development by the Joint Companies of the oil refinery site and road and rail access thereto under the terms of this Agreement.
Detailed proposals by joint companies 7 Upon agreement being reached or a determination being made as to the Joint Companies’ proposal under clause 6 of this Agreement, the Joint Companies shall proceed with the implementation of the proposal so agreed or determined and shall, from time to time, submit to the Minister to the fullest extent reasonably practicable their detailed proposals (including plans and specifications) with respect to the following:
(a) the road between the lease area and the oil refinery and ancillary works;
(b) town sites on or near the lease area and near the oil refinery and the development of services and facilities in relation thereto;
(c) housing;
(d) water supply; and
(e) any other infrastructure works, services or facilities proposed by the Joint Companies.
Consideration of detailed proposals 8(1) Within 2 months after receipt of the detailed proposals of the Joint Companies in regard to any of the matters referred to in clause 7 of this Agreement, the Minister shall give to the Joint Companies notice either of his approval of the proposals or of alterations desired and, in the latter case, shall afford to the Joint Companies opportunity to consult with and submit new proposals to the Minister. The Minister may make such reasonable alterations to or impose such reasonable conditions on the proposals or new proposals, as the case may be, as he thinks fit, but the Minister shall, in any notice to the Joint Companies, disclose his reasons for any such alteration and condition
AND PROVIDED THAT the Minister shall not make alterations to or impose conditions on the proposals or new proposals in so far as they relate to the location of the oil refinery site as previously determined.(2) Any dispute or difference between the Joint Companies and the Minister in respect of alterations made by the Minister to, or conditions imposed by the Minister on, proposals or new proposals, as the case may be, referred to in subclause (1) of this clause, shall be settled in accordance with the manner set out in clause 19 of this Agreement.
Operation of facilities 9 Throughout the continuance of this Agreement the Joint Companies shall:
(a) except to the extent that the Joint Companies’ proposals as finally approved or determined as herein provided otherwise provide allow the general public to use any roads (to the extent that it is reasonable and practicable so to do) constructed or upgraded by the Joint Companies PROVIDED THAT such use shall not unduly prejudice or interfere with the Joint Companies’ operations;
(b) in the construction, operation, maintenance and use of any work, installation, plant, machinery, equipment, service or facility provided or controlled by the Joint Companies comply with and observe the provisions of this Agreement and the laws for the time being in force in the Territory;
(c) at all times keep and maintain in good repair and working order and condition and, where necessary, replace all such work, installation, plant, machinery and equipment and the roads and water and electrical supplies for the time being the subject of this Agreement;
(d) use its best endeavours to obtain the best price possible in relation to petroleum and petroleum products and condensate sold; and
(e) so far as reasonably and economically practicable, use labour, materials, plant, equipment and supplies available within the Territory where it is not prejudicial to the interests of the Joint Companies so to do.
Mutual convenants 10 The Parties hereto
COVENANT AND AGREE with each other as follows:(a) that subject to and in accordance with the proposals approved or determined as hereinbefore provided the Joint Companies for their purposes and for domestic and other purposes in relation to the oil refinery may, to the extent deter-mined by the Minister but notwithstanding any Act, bore for water, construct catchment areas, store (by dams or otherwise) take and charge for water from any Crown lands available for the purpose and generate, transmit, supply and charge for electrical energy and the Joint Companies shall have all such powers and authorities with respect to water and electrical energy as are determined by the Minister (and as are accepted by the Joint Companies) for the purposes of this Agreement;
(b) that the Joint Companies may use any public roads which may, from time to time, exist in the area of its operations for the purpose of transportation of goods and materials in connection with such operations PROVIDED NEVERTHELESS that the Joint Companies shall on demand pay to the Territory the cost of making good any damage to such roads occasioned by the Joint Companies’ use;
(c) that the Territory will at the request and cost of the Joint Companies widen, upgrade or re-align any public road over which the Territory has control;
(d) that on the cessation or determination of any lease, licence or easement granted hereunder by the Territory to the Joint Companies or (except as otherwise agreed by the Minister) to an associated company or other assignee of the Joint Companies under this Agreement of land for the Joint Companies’ oil refinery the improve-ments and things other than plant, machinery, equipment and installations erected on the relevant land and provided in connection with the oil refinery shall remain or become the absolute property of the Territory without compensation and freed and discharged from all mortgages and encumbrances and the Joint Companies shall do and execute such documents and things (including surrenders) as the Territory may reasonably require to give effect to this provision. In the event of the Joint Companies, immediately prior to such expiration or determination or subsequent thereto, deciding to remove its plant, machinery, equipment and installations or any of them from any land it shall not do so without first notifying the Territory of its decision and thereby granting to the Territory the right or option exercisable within 3 months thereafter to purchase at valuation in situ the said plant, machinery, equipment and installations or any of them. Such valuation shall be mutually agreed or in default of agreement shall be made by such competent valuer as the parties may appoint or failing agreement as to such appointment then by 2 competent valuers one to be appointed by each party or by an umpire appointed by such valuers should they fail to agree;
(e) that without affecting the liabilities of the parties under this Agreement either party shall have the right from time to time to entrust to third parties the carrying out of any portions of the operations which it is authorized or obligated to carry out hereunder;
(f) that notwithstanding the provisions of any Act or any thing done or purported to be done under any Act the valuation of all lands (whether of a freehold or leasehold nature) the subject of this Agreement (except as to any part upon which a permanent residence shall be erected or which is occupied in connection therewith) for rating purposes shall be deemed to be on the unimproved capital value thereof and no such lands shall be subject to any discriminatory rate;
(g) that in any of the following events, namely, if the Joint Companies shall make default in the due performance or observance of any of the covenants or obligations to the Territory herein or in any lease, sublease, licence or other title or document granted or assigned under this Agreement on their part to be performed or observed and shall fail to remedy that default within reasonable time after notice specifying the default is given to them by the Territory (or – if the alleged default is contested by the Joint Companies and promptly submitted to arbitration – within a reasonable time fixed by the arbitration award where the question is decided against the Joint Companies the arbitrator finding that there was a bona fide dispute and that the Joint Companies had not been dilatory in pursuing the arbitration) or if the Joint Companies shall abandon or repudiate their operations under this Agreement or if the Joint Companies shall go into liquidation (other than a voluntary liquidation for the purpose of reconstruction) then and in any of such events the Territory may, by notice to the Joint Companies, determine this Agreement and there-upon or if the Joint Companies shall surrender the entire oil refinery area the rights of the Joint Companies under any lease, licence, easement or right granted hereunder or pursuant hereto shall thereupon determine PROVIDED HOWEVER that if the Joint Companies shall fail to remedy any default (not being a default in respect of their obligation to construct an oil refinery pursuant to clause 3 of this Agreement) after such notice or within the time fixed by the arbitration award as aforesaid the Territory, instead of determining this Agreement as aforesaid because of such default may itself remedy such default or cause the same to be remedied (for which purpose the Territory by agents workmen or otherwise shall have full power to enter upon lands occupied by the Joint Companies and to make use of all plant, machinery, equipment and installations thereon) and the costs and expenses incurred by the Territory in remedying or causing to be remedied such default shall be a debt payable by the Joint Companies to the Territory on demand; and
(h) that:
(i) for the purposes of determining whether and the extent to which:
(A) the Joint Companies are liable to any person or body corporate (other than the Territory); or
(B) an action is maintainable by any such person or body corporate in respect of the death or injury of any person or damage to any property arising out of the use of any of the roads for the maintenance of which the Joint Companies are responsible hereunder and for no other purpose,
the Joint Companies shall be deemed to be a municipality and the said roads shall be deemed to be streets under the care, control and management of the Joint Companies; and
(ii) for the purposes of this paragraph the terms "municipality" and "road" shall have the meanings which they respectively have in the
Local Government Act .
Territory’s obligations 11 The Territory shall, in accordance with the Joint Companies’ proposals as finally approved or determined as hereinbefore provided and as otherwise required by the Joint Companies to enable them to meet their obligations hereunder, grant to the Joint Companies in fee simple or for such terms or periods and on such terms and conditions (including renewal rights) as subject to the proposals (as finally approved or determined as aforesaid) and other obligations of the Joint Companies hereunder shall be reasonable having regard to the requirements of the Joint Companies hereunder, lands, leases, rights or easements whether under the
Petroleum (Prospecting and Mining) Act or under the provisions of theCrown Lands Act or any other Act (as the case may require) as the Joint Companies reasonably require for their works and operations here-under including the construction or provision of the roads, water supplies and stone and soil for construction purposes.Alteration of installations 12 If, at any time, the Territory finds it necessary to request the Joint Companies to alter the situation of any of the installations or other works erected, constructed or provided pursuant to the Joint Companies’ detailed proposals and gives to the Joint Companies notice of the request the Joint Companies shall, within a reasonable time after receipt of the notice but at the expense in all things (including increased operating costs) of the Territory (unless the alteration is rendered necessary by reason of a breach by the Joint Companies of any of its obligations hereunder), alter the situation accordingly.
Default 13(1) In the event that the Joint Companies shall make default of their obligation to construct an oil refinery (whether jointly or severally) pursuant to the provisions of clause 3 of this Agreement then as from the date of such default as is determined by the Minister (or if the default is contested by the Joint Companies then as and from the date of such default is confirmed by the arbitration award) the Joint Companies covenant (jointly and severally) that they shall upon demand pay to the Territory by way of liquidated damages an amount equal in value to an amount per barrel determined pursuant to subclause (2) of this clause on all crude oil produced from the lands comprised in the said petroleum leases during the term of the said leases and any renewals or extensions thereof or during the period which may elapse until the Joint Companies shall have remedied their default pursuant to this clause (whichever is the shorter period).
(2) The amount per barrel from time to time payable pursuant to subclause (1) of this clause shall be the amount which is the greater of:
(a) $3.00 per barrel; and
(b) $2.00 per barrel plus 10% of the amount per barrel by which the import parity price of crude oil determined by the Commonwealth of Australia from time to time less the amount of the levy or other similar impost of the Commonwealth of Australia in respect of the Mereenie Field exceeds from time to time the sum of $27.50 (comprising the present estimated import parity price of $30.50 less the levy applicable to the Mereenie Field of $3.00).
(3) In the event such default as is referred to in subclause (1) of this clause being contested the amount payable by way of liquidated damages shall be paid, not-withstanding any arbitration proceedings, by the Joint Companies into a trust account approved by the Minister.
(4) If it is finally determined by such arbitration proceedings that the Joint Companies have not made such default all moneys paid to the said trust account by the Joint Companies shall be refunded to them together with interest thereon computed at the then Commonwealth long term bond rate.
Indemnity to Territory 14 The Joint Companies will indemnify and keep indemnified the Territory and its servants, agents and contractors in respect of all actions, suits, claims, demands or costs of third parties arising out of or in connection with the construction, maintenance or use by the Joint Companies or their servants, agents, contractors or assignees of the Joint Companies’ oil refinery or other works or services the subject of this Agreement or the plant, apparatus or equipment installed in connection therewith and shall, if requested so to do by the Minister, insure in the name of themselves and the Territory against any liability that may arise under this Agreement.
Assignment 15(1) The Joint Companies or any one or more of the Joint Companies may, at any time with the consent in writing of the Minister:
(a) assign, mortgage, charge, sublet or otherwise dispose of as of right all or any right under this Agreement;
(b) assign, mortgage, charge, sublet or otherwise dispose of as of right to any other associated company all or any right under this Agreement;
(c) assign, mortgage, charge, sublet or otherwise dispose of to any other company or person all or any right under this Agreement (including a right to or as the holder of any lease, licence, easement, grant or other title) and of the obligations of the Joint Companies under this Agreement; and
(d) appoint any other company or person to exercise all or any of the powers, functions and authorities which are or may be conferred on the Joint Companies under this Agreement,
subject however to the assignee or (as the case may be) the appointee executing in favour of the Territory a deed of covenant in a form to be approved by the Minister to comply with, observe and perform the provisions hereof on the part of the Joint Companies to be complied with observed or performed in regard to the matter or matters so assigned or (as the case may be) the subject of the appointment.
(2) Notwithstanding anything contained in or anything done under or pursuant to subclause (1) of this clause the Joint Companies shall at all times during the currency of this Agreement be and remain liable for the due and punctual performance and observance of all the covenants and agreements on their part contained herein and in any lease, licence, easement, grant or other title the subject of an assignment under subclause (1) of this clause
PROVIDED HOWEVER that the Minister may agree to re-lease the Joint Companies or any one or more of them from such liability where having regard to all the circumstances of any such assignment, mortgaging, charging, subletting, disposition or appointment as referred to in subclause (1) of this clause he considers such release will not be contrary to the interest of the Territory under this Agreement.Variation of agreement 16 The parties hereto may from time to time by mutual agreement in writing add to, cancel or vary all or any of the provisions of this Agreement or of any lease, licence, easement or right granted hereunder or pursuant hereto for the purpose of implementing or facilitating the carrying out of such provisions or for the purpose of facilitating and carrying out of some separate part or parts of the Joint Companies’ operations hereunder by any other company with which the Joint Companies may have entered into association as a separate and distinct operation or for the establishment or development of any industry making use of the petroleum within the lease area or such of the Joint Companies’ works, installations, services or facilities the subject of this Agreement as shall have been provided by the Joint Companies in the course of work done under this Agreement.
Delays 17 This Agreement shall be deemed to be made subject to any delays in the performance of obligations under this Agreement and to the temporary suspension of continuing obligations hereunder which may be occasioned by or arise from circumstances beyond the power and control of the party responsible for the performance of such obligations including delays of such temporary suspension as aforesaid caused by or arising from an act of God,
force majeure , floods, storms, tempests, washaways, fire (unless caused by the actual fault or privity of the Joint Companies), act of war, act of public enemies, riots, civil commotions, strikes, lockouts, stoppages, restraint of labour or other similar acts (whether partial or general), shortages of labour or essential materials, reasonable failure to secure contractors, delays of contractors, an inability (common in the petroleum industry) to profitably sell petroleum or factors due to Australian or overall work economic conditions or factors which could not reasonably have been foreseenPROVIDED ALWAYS that the party whose performance of obligations is affected by any of the said causes shall use its best endeavours to minimize the effect of the said causes as soon as possible after their occurrence and that no party shall be required to settle or compromise any strike or labour dispute or similar occurrence to its disadvantage.Extension of time 18(1) Notwithstanding any provision hereof the Minister may at the request of the Joint Companies from time to time extend any period or date referred to in this Agreement for such period or to such later date as the Minister thinks fit and the extended period or later date when advised to the Joint Companies by notice from the Minister shall be deemed for all purposes hereof substituted for the period or date so extended.
(2) The Territory acknowledges that the 3 year period respectively referred to in subclauses (1) and (3) of clause 3 of this Agreement for the commencement and completion of the project covered by proposals referred to in clauses 6 and 7 of this Agreement have been agreed on the basis that each of such proposals would be determined within 2 months of its submission. If such is not the case the Joint Companies shall be entitled to extend the period for commencement and completion by such period as they shall demonstrate to be reasonable under the circumstances.
Arbitration 19(1) Any dispute or difference between the parties arising out of or in connection with this Agreement or any agreed amendment or variation thereof or agreed addition thereto or as to the construction of this Agreement or any such amendment variation or addition or as to any of the rights duties or liabilities of either party thereunder or as to any matter to be agreed upon between the parties under this Agreement shall in default of agreement between the parties and in the absence of any provision in this Agreement to the contrary be referred to and settled by arbitration under the provisions of the Arbitration Act of the State of South Australia in its application to the Territory or such other Act in relation to the law of arbitration that has general application in the Territory.
(2) Without limiting the generality of this clause there may be referred to arbitration under this clause any dispute or difference concerning the oil refinery including the following:
(a) the location and capacity of the oil refinery;
(b) whether the construction of an oil refinery is not economically viable and the Minister’s request referred to in subclause (4) of clause 3 of this Agreement should lapse;
(c) whether the Joint Companies have satisfied the oil refinery obligation pursuant to this Agreement; and
(d) whether the Joint Companies are in default in their obligation with respect to the construction of an oil refinery pursuant to this Agreement.
(3) The arbitrator, arbitrators or umpire (as the case may be) of any submission to arbitration hereunder is hereby empowered upon application by either party hereto to grant any interim extension of time or date referred to herein which, having regard to the circumstances, may reasonably be required in order to preserve the rights of either or both parties hereunder and an award in favour of the Joint Companies may, in the name of the Minister, grant any further extension of time for that purpose.
New processes 20 Nothing in this Agreement shall in any way prevent or limit the Joint Companies at their sole discretion from adopting for the discharge of their obligations hereunder new processes or equipment incorporating the latest technical developments from time to time available whether or not used by the Joint Companies elsewhere in their operations.
Notices 21 A notice, consent or other writing authorized or required by this Agreement to be given or sent shall be deemed to have been duly given or sent by the Territory if signed by the Minister or by a senior officer of the Public Service of the Territory acting on the direction of the Minister and forwarded by prepaid post to each of the Joint Companies at their respective registered offices for the time being in the Territory or other offices in the Territory nominated in writing by the respective Companies by the Joint Companies if signed on their behalf by a managing director or a secretary or by any other person or persons authorized by the Joint Companies in that behalf or by their solicitors as notified to the Territory from time to time and forwarded by prepaid post to the Minister and any such notice, consent or writing shall be deemed to have been duly given or sent on the day on which it would be delivered in the ordinary course of post.
Law of agreement 22 This Agreement shall be interpreted according to the law for the time being in force in the Territory.
IN WITNESSWHEREOF the Minister for Mines and Energy has for and on behalf of the Territory hereunto set his hand and the Joint Companies have hereunto affixed their common seals the day and year first above written.SIGNED SEALED AND DELIVERED )by
IAN LINDSAY TUXWORTH , )the Minister for Mines and ) Ian Lindsay Tuxworth
Energy, for and on behalf ) (signed Ian Tuxworth)
of the Northern Territory )
of Australia )
Peter Charles Lundy
(signed P. C. Lundy)
THE COMMON SEAL ofMAGELLAN )PETROLEUM (N.T.) PTY LTD )was hereunto affixed by ) (Common Seal Affixed)
authority of the Directors )
in the presence of )
Director: Roy Marshall Hopkins
(signed Roy M. Hopkins)
Secretary: Hedley Howard
(signed H. Howard)
THE COMMON SEAL ofUNITED )CANSO OIL AND GAS CO. )(N.T.) PTY LTD was hereunto ) (Common Seal Affixed)affixed by authority of the )
Directors in the presence of )
Director: Roy Marshall Hopkins
(signed Roy M. Hopkins)
Secretary: Hedley Howard
(signed H. Howard)
THE COMMON SEAL ofOILMIN )(N.T.) PTY LTD was hereunto ) (Common Seal Affixed)affixed by authority of the )
Directors in the presence of )
Director: Charles William Siller
(signed C. W. Siller)
Secretary: Leonard Wallace Doggett
(signed L. W. Doggett)
THE COMMON SEAL ofTRANSOIL )(N.T.) PTY LTD was hereunto ) (Common Seal Affixed)affixed by authority of the )
Directors in the presence of )
Director: Charles William Siller
(signed C. W. Siller)
Secretary: Leonard Wallace Doggett
(signed L. W. Doggett)
THE COMMON SEAL ofKREWLIFF )INVESTMENTS PTY LTD was )hereunto affixed by ) (Common Seal Affixed)
authority of the Directors )
in the presence of )
Director: Charles William Siller
(signed C. W. Siller)
Secretary: Leonard Wallace Doggett
(signed L. W. Doggett)
THE COMMON SEAL ofFARMOUT )DRILLERS N. L. was hereunto )affixed by authority of the )
Directors in the presence of )
Director: Geoffrey Raymond Phillips
(signed G. R. Phillips)
Secretary: Alexander Francis Ure
(signed A. F. Ure)
1 KEY
Key to abbreviations
2 LIST OF LEGISLATION
Assent date | 20 July 1984 |
Commenced | 20 July 1984 |
0
0
0