Petroleum (Submerged Lands) Amendment Act 2002 (Cth)

Petroleum (Submerged Lands) Amendment Act 2002

No. 93, 2002

An Act to amend the Petroleum (Submerged Lands) Act 1967, and for other purposes

Contents

Petroleum (Submerged Lands) Amendment Act 2002

No. 93, 2002

An Act to amend the Petroleum (Submerged Lands) Act 1967, and for other purposes

[Assented to 31 October 2002]

The Parliament of Australia enacts:

1Short title

This Act may be cited as the Petroleum (Submerged Lands) Amendment Act 2002.

2Commencement

This Act commences on the day on which it receives the Royal Assent.

3Schedule(s)

Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Amendment of the Petroleum (Submerged Lands) Act 1967

1

Subsection 30(1)

Omit “section 31”, substitute “sections 31 and 31A”.

2

At the end of section 31

Add:

Note: The operation of this section is affected by a saving provision set out in item 32 of Schedule 1 to the Petroleum (Submerged Lands) Legislation Amendment Act (No. 1) 2000. The saving provision applies in relation to the first application after the commencement of item 31 of that Schedule (on 7 March 2000) for the renewal of a permit that was granted before that commencement.

3

After section 31

Insert:

1. 31A

   Certain permits cannot be renewed more than twice

Scope

1. (1)

   This section applies to an application for the renewal of a permit, where:

   1. (a)

      the original permit was granted under section 22:

      1. (i)

         on or after 1 January 2003; and

      2. (ii)

         as a result of an application made in response to an invitation in an instrument that was published under subsection 20(1) on or after 1 January 2003; or

   2. (b)

      the original permit was granted under section 27 on or after 1 January 2003.

Permit cannot be renewed more than twice

1. (2)

   A permittee must not make the application if it could result in the original permit being renewed more than twice.

4

Subsection 38H(4)

Omit “2 notices”, substitute “a notice”.

5

Transitional—section 38H of the Petroleum (Submerged Lands) Act 1967

If, before the commencement of this item:

1. (a)

   a lessee had already complied with a notice of the kind referred to in paragraph 38H(3)(b) of the Petroleum (Submerged Lands) Act 1967 during the term of the lease; and

2. (b)

   the Designated Authority had given to the lessee during that term a further notice of that kind; and

3. (c)

   the lessee had not complied with the further notice;

the Petroleum (Submerged Lands) Act 1967 has effect, after the commencement of this item, as if the Designated Authority had not given the further notice.

(115/02)

[Minister’s second reading speech made in—

House of Representatives on 15 May 2002

Senate on 19 June 2002]