sec.318BUAdditional criteria for deciding conditions or term

### sec.318BU Additional criteria for deciding conditions or term In making a decision as follows, regard must be had to the conditions of the authority to prospect, any future development proposals of the authority to prospect holder and the likelihood of coordinated production of petroleum under a future petroleum lease— deciding conditions of the mining lease under section 276 (1) (o) ; deciding the term of the lease under section 284 . This section does not limit the power under section 276 (1) (o) to determine conditions for the mining lease. s 318BU ins 2004 No. 25 s 1020 amd 2012 No. 20 s 281 sch 2 ; 2018 No. 24 s 134 ; 2024 No. 33 s 183 s ch 1 pt 2 (sec.318BU-ssec.1) In making a decision as follows, regard must be had to the conditions of the authority to prospect, any future development proposals of the authority to prospect holder and the likelihood of coordinated production of petroleum under a future petroleum lease— deciding conditions of the mining lease under section 276 (1) (o) ; deciding the term of the lease under section 284 . (sec.318BU-ssec.2) This section does not limit the power under section 276 (1) (o) to determine conditions for the mining lease. - (a) deciding conditions of the mining lease under section 276 (1) (o) ; - (b) deciding the term of the lease under section 284 .