sec.754Application of sdiv 7

### sec.754 Application of sdiv 7 This subdivision applies if, before the commencement, a petroleum lease under the Petroleum Act 1923 was granted and when it was granted the area of the lease included any of the following land ( overlapping land )— land in the area of an MDL that is a coal or oil shale exploration tenement; land the subject of an application (the MDL application ) for an MDL made but not decided before the commencement if the MDL applied for would, if granted, be a coal or oil shale exploration tenement under that Act. However, this subdivision does not apply, or ceases to apply, if— the same person holds the lease and the MDL; or the overlapping land ceases to be in the area of the lease or the MDL, or subject to the MDL application; or the person who made the MDL application (the MDL applicant ) is also the lessee; or the MDL application is rejected; or the MDL holder or the MDL applicant has agreed in writing with the lessee that this division does not apply. s 754 ins 2004 No. 25 s 1028 (sec.754-ssec.1) This subdivision applies if, before the commencement, a petroleum lease under the Petroleum Act 1923 was granted and when it was granted the area of the lease included any of the following land ( overlapping land )— land in the area of an MDL that is a coal or oil shale exploration tenement; land the subject of an application (the MDL application ) for an MDL made but not decided before the commencement if the MDL applied for would, if granted, be a coal or oil shale exploration tenement under that Act. (sec.754-ssec.2) However, this subdivision does not apply, or ceases to apply, if— the same person holds the lease and the MDL; or the overlapping land ceases to be in the area of the lease or the MDL, or subject to the MDL application; or the person who made the MDL application (the MDL applicant ) is also the lessee; or the MDL application is rejected; or the MDL holder or the MDL applicant has agreed in writing with the lessee that this division does not apply. - (a) land in the area of an MDL that is a coal or oil shale exploration tenement; - (b) land the subject of an application (the MDL application ) for an MDL made but not decided before the commencement if the MDL applied for would, if granted, be a coal or oil shale exploration tenement under that Act. - (a) the same person holds the lease and the MDL; or - (b) the overlapping land ceases to be in the area of the lease or the MDL, or subject to the MDL application; or - (c) the person who made the MDL application (the MDL applicant ) is also the lessee; or - (d) the MDL application is rejected; or - (e) the MDL holder or the MDL applicant has agreed in writing with the lessee that this division does not apply.