Offshore Minerals Act 1998
sec.362Transfers require approval by Minister
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sec.362 Transfers require approval by Minister
The transfer of a tenure must not be registered under section 338 unless it has been approved by the Minister. For transfer of a tenure see section 7 (1) . A transfer is a dealing and under section 361 does not take effect until registered. The transfer of a share in a tenure must not be registered under section 338 unless it has been approved by the Minister. For transfer in a share of a tenure see section 7 (2) and (3) . A transfer is a dealing and under section 361 does not take effect until registered. (sec.362-ssec.1) The transfer of a tenure must not be registered under section 338 unless it has been approved by the Minister. For transfer of a tenure see section 7 (1) . A transfer is a dealing and under section 361 does not take effect until registered. (sec.362-ssec.2) The transfer of a share in a tenure must not be registered under section 338 unless it has been approved by the Minister. For transfer in a share of a tenure see section 7 (2) and (3) . A transfer is a dealing and under section 361 does not take effect until registered.