QLDIn ForceAct
Mineral and Energy Resources (Common Provisions) Act 2014
sec.242Application of div 5
Start here
Get a plain-English read of sec.242
Turn the raw legal text into a practical explanation grounded in Mineral and Energy Resources (Common Provisions) Act 2014.
### 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.