sec.242Application of div 5

### sec.242 Application of div 5 This division applies to the giving of an advance notice or an acceleration notice if— a person holds a petroleum lease (csg) granted after the commencement but not later than 31 December 2016; and another person applies for an ML (coal) after the commencement but before 1 July 2020; and there is an overlapping area that is the subject of both the petroleum lease (csg) and the ML (coal); and some or all of the overlapping area is located in the Surat Basin Transitional Area. In this section— Surat Basin Transitional Area means the area prescribed by regulation. (sec.242-ssec.1) This division applies to the giving of an advance notice or an acceleration notice if— a person holds a petroleum lease (csg) granted after the commencement but not later than 31 December 2016; and another person applies for an ML (coal) after the commencement but before 1 July 2020; and there is an overlapping area that is the subject of both the petroleum lease (csg) and the ML (coal); and some or all of the overlapping area is located in the Surat Basin Transitional Area. (sec.242-ssec.2) In this section— Surat Basin Transitional Area means the area prescribed by regulation. - (a) a person holds a petroleum lease (csg) granted after the commencement but not later than 31 December 2016; and - (b) another person applies for an ML (coal) after the commencement but before 1 July 2020; and - (c) there is an overlapping area that is the subject of both the petroleum lease (csg) and the ML (coal); and - (d) some or all of the overlapping area is located in the Surat Basin Transitional Area.