Offshore Minerals Act 1998
sec.360Dealings in tenures to be in writing
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sec.360 Dealings in tenures to be in writing
An interest in a tenure may be created, transferred, affected or otherwise dealt with only by a written document. A transfer must be in writing because it is a dealing. Subsection (1) does not apply to the rights of a tenure holder that devolve to a person by operation of law. Rights might devolve to a person, for example, by operation of the laws relating to intestacy or bankruptcy. For the registration of rights that devolve to a person by operation of law see section 340 . (sec.360-ssec.1) An interest in a tenure may be created, transferred, affected or otherwise dealt with only by a written document. A transfer must be in writing because it is a dealing. (sec.360-ssec.2) Subsection (1) does not apply to the rights of a tenure holder that devolve to a person by operation of law. Rights might devolve to a person, for example, by operation of the laws relating to intestacy or bankruptcy. For the registration of rights that devolve to a person by operation of law see section 340 .