sec.18Prohibited dealings have no effect

### sec.18 Prohibited dealings have no effect The following dealings with a resource authority are prohibited— a dealing with a resource authority that transfers a divided part of the authorised area for the resource authority, unless the dealing is— a sublease of a resource authority that is a lease; or a transfer of a sublease mentioned in subparagraph (i) or of a share in the sublease; a dealing with a resource authority prescribed by regulation as prohibited. A dealing with a resource authority prohibited under subsection (1) must not be registered under this part and has no effect. (sec.18-ssec.1) The following dealings with a resource authority are prohibited— a dealing with a resource authority that transfers a divided part of the authorised area for the resource authority, unless the dealing is— a sublease of a resource authority that is a lease; or a transfer of a sublease mentioned in subparagraph (i) or of a share in the sublease; a dealing with a resource authority prescribed by regulation as prohibited. (sec.18-ssec.2) A dealing with a resource authority prohibited under subsection (1) must not be registered under this part and has no effect. - (a) a dealing with a resource authority that transfers a divided part of the authorised area for the resource authority, unless the dealing is— (i) a sublease of a resource authority that is a lease; or (ii) a transfer of a sublease mentioned in subparagraph (i) or of a share in the sublease; - (i) a sublease of a resource authority that is a lease; or - (ii) a transfer of a sublease mentioned in subparagraph (i) or of a share in the sublease; - (b) a dealing with a resource authority prescribed by regulation as prohibited. - (i) a sublease of a resource authority that is a lease; or - (ii) a transfer of a sublease mentioned in subparagraph (i) or of a share in the sublease;