TASIn ForceAct
Mineral Resources Development Act 1995
187Records kept by licensee
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### 187 Records kept by licensee
> > (1) [*\[Section 187 Subsection (1) amended by No. 24 of 2013, s. 123, Applied:28 Jun 2013\]*](/view/html/inforce/2013-06-28/act-2013-024#GS123@Hpa@EN) A licensee (other than the holder of a production licence) is to keep up-to-date records of any exploration carried out under the licence.
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> > (2) [*\[Section 187 Subsection (2) amended by No. 24 of 2013, s. 123, Applied:28 Jun 2013\]*](/view/html/inforce/2013-06-28/act-2013-024#GS123@Hpb@EN) A licensee (other than the holder of a production licence) is to ensure that records contain the following:
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> > > > (a) details of any exploration carried out;
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> > > > (b) the costs of any exploration carried out;
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> > > > (c) any other details the Director requires.
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> > (3) [*\[Section 187 Subsection (3) inserted by No. 24 of 2013, s. 123, Applied:28 Jun 2013\]*](/view/html/inforce/2013-06-28/act-2013-024#GS123@Hpc@EN) The holder of a production licence must keep up-to-date records of any exploration and production activities carried out under the licence.
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> > (4) [*\[Section 187 Subsection (4) inserted by No. 24 of 2013, s. 123, Applied:28 Jun 2013\]*](/view/html/inforce/2013-06-28/act-2013-024#GS123@Hpc@EN) The holder of a geothermal production licence is to ensure that the records contain the following:
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> > > > (a) the quantities of geothermal energy produced;
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> > > > (b) the quantities of geothermal energy produced and sold;
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> > > > (c) the sources of geothermal energy that has been produced;
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> > > > (d) details of the disposal of any waste created in production activities;
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> > > > (e) details of any development in relation to production activities;
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> > > > (f) a breakdown of any capital expenditure;
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> > > > (g) the operational costs of any exploration or production activities carried out;
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> > > > (h) details of the workforce;
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> > > > (i) details of exploration on the licence area, if required by the Director to keep such records;
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> > > > (j) details of geothermal resources and geothermal reservoirs.
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> > (5) [*\[Section 187 Subsection (5) inserted by No. 24 of 2013, s. 123, Applied:28 Jun 2013\]*](/view/html/inforce/2013-06-28/act-2013-024#GS123@Hpc@EN) The holder of a petroleum production licence is to ensure that the records contain the following:
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> > > > (a) the quantities of petroleum sold or held in stock;
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> > > > (b) the quantities of petroleum produced;
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> > > > (c) the sources of petroleum produced and details of any waste disposed of;
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> > > > (d) details of any development in relation to production activities;
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> > > > (e) a breakdown of any capital expenditure;
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> > > > (f) the operational costs of any exploration or production activities carried out;
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> > > > (g) details of the workforce;
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> > > > (h) details of exploration on the licence area, if required by the Director to keep such records;
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> > > > (i) details of petroleum resources, as determined in accordance with approved standards, and petroleum reservoirs.