81Changes to the boundaries of the Commonwealth offshore area

81 Changes to the boundaries of the Commonwealth offshore area

(1) If: (a) a licence has been granted on the basis that an area (the first area) is within the Commonwealth offshore area; and (b) as a result of a change to the boundary of the coastal waters of a State or Territory, the first area: (i) ceases to be within the Commonwealth offshore area; and (ii) falls within the coastal waters of the State or Territory; this Act applies in relation to the licence as if the first area were still within the Commonwealth offshore area. (2) Subsection (1): (a) continues to apply to the first area only: (i) while the licence remains in force; or (ii) in relation to remediation or decommissioning in the first area after the licence ceases to be in force; and (b) does not apply in relation to an extension of the end day of the licence; and (c) if the licence is a feasibility licence—does not apply in relation to an application for a commercial licence in respect of the licence area.