sec.173Claiming compensation

### sec.173 Claiming compensation If a petroleum resource authority holder considers an ML (coal) holder has a compensation liability to the petroleum resource authority holder, the petroleum resource authority holder must— advise the ML (coal) holder of the liability as soon as reasonably practicable; and include with the advice a written proposal for calculating the amount of compensation payable. The ML (coal) holder may either— accept the proposal; or respond with a written counter proposal. (sec.173-ssec.1) If a petroleum resource authority holder considers an ML (coal) holder has a compensation liability to the petroleum resource authority holder, the petroleum resource authority holder must— advise the ML (coal) holder of the liability as soon as reasonably practicable; and include with the advice a written proposal for calculating the amount of compensation payable. (sec.173-ssec.2) The ML (coal) holder may either— accept the proposal; or respond with a written counter proposal. - (a) advise the ML (coal) holder of the liability as soon as reasonably practicable; and - (b) include with the advice a written proposal for calculating the amount of compensation payable. - (a) accept the proposal; or - (b) respond with a written counter proposal.