PETROLEUM PROSPECTING (No. 2).
No. 31 of 1926.
An Act to amend the Petroleum Prospecting Act 1926.
[Assented to 29th July, 1926.]
BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—
Short title and citation.
1.—(1.) This Act may be cited as the Petroleum Prospecting Act (No. 2) 1926.
(2.) The Petroleum Prospecting Act 1926, as amended by this Act, may be cited as the Petroleum Prospecting Acts 1926.
Application of Trust Account.
2. Section four of the Petroleum Prospecting Act 1926 is amended by adding at the end thereof the following sub-section:—
“(3.) Out of the moneys standing to the credit of the Trust Account there shall be paid such expenditure incurred in the administration of this Act as the Minister approves.”.