sec.153Expedited land access for petroleum resource authority holders

### sec.153 Expedited land access for petroleum resource authority holders This section applies if— a petroleum resource authority holder gives an ML (coal) holder a negotiation notice under section 84 ; and the petroleum resource authority holder and ML (coal) holder have not entered into any of the following before the end of the minimum negotiation period under section 85 — a conduct and compensation agreement; a deferral agreement; an opt-out agreement. Despite a requirement under chapter 3 to give an entry notice, the petroleum resource authority holder may enter an overlapping area the subject of the petroleum resource authority, other than an IMA or SOZ in the overlapping area, to carry out an authorised activity for the authority if— the petroleum resource authority holder gives the ML (coal) holder an expedited entry notice; and the first day the petroleum resource authority holder enters the overlapping area is at least 10 business days after the day the petroleum resource authority holder gives the ML (coal) holder the expedited entry notice. Nothing in this section limits any other provision of chapter 3 , including, for example, a provision requiring the petroleum resource authority holder and the ML (coal) holder to enter into an agreement mentioned in subsection (1) (b) . In this section— expedited entry notice means a notice that— states the petroleum resource authority holder intends to enter an overlapping area on a stated date; and includes any other information prescribed by regulation. ML (coal) holder means the holder of an ML (coal). s 153 amd 2016 No. 30 s 47 ; 2024 No. 33 s 183 sch 1 pt 2 (sec.153-ssec.1) This section applies if— a petroleum resource authority holder gives an ML (coal) holder a negotiation notice under section 84 ; and the petroleum resource authority holder and ML (coal) holder have not entered into any of the following before the end of the minimum negotiation period under section 85 — a conduct and compensation agreement; a deferral agreement; an opt-out agreement. (sec.153-ssec.2) Despite a requirement under chapter 3 to give an entry notice, the petroleum resource authority holder may enter an overlapping area the subject of the petroleum resource authority, other than an IMA or SOZ in the overlapping area, to carry out an authorised activity for the authority if— the petroleum resource authority holder gives the ML (coal) holder an expedited entry notice; and the first day the petroleum resource authority holder enters the overlapping area is at least 10 business days after the day the petroleum resource authority holder gives the ML (coal) holder the expedited entry notice. (sec.153-ssec.3) Nothing in this section limits any other provision of chapter 3 , including, for example, a provision requiring the petroleum resource authority holder and the ML (coal) holder to enter into an agreement mentioned in subsection (1) (b) . (sec.153-ssec.4) In this section— expedited entry notice means a notice that— states the petroleum resource authority holder intends to enter an overlapping area on a stated date; and includes any other information prescribed by regulation. ML (coal) holder means the holder of an ML (coal). - (a) a petroleum resource authority holder gives an ML (coal) holder a negotiation notice under section 84 ; and - (b) the petroleum resource authority holder and ML (coal) holder have not entered into any of the following before the end of the minimum negotiation period under section 85 — (i) a conduct and compensation agreement; (ii) a deferral agreement; (iii) an opt-out agreement. - (i) a conduct and compensation agreement; - (ii) a deferral agreement; - (iii) an opt-out agreement. - (i) a conduct and compensation agreement; - (ii) a deferral agreement; - (iii) an opt-out agreement. - (a) the petroleum resource authority holder gives the ML (coal) holder an expedited entry notice; and - (b) the first day the petroleum resource authority holder enters the overlapping area is at least 10 business days after the day the petroleum resource authority holder gives the ML (coal) holder the expedited entry notice. - (a) states the petroleum resource authority holder intends to enter an overlapping area on a stated date; and - (b) includes any other information prescribed by regulation.