10Term of titles

10 Term of titles

Petroleum titles (1) For the purposes of this Act, the table has effect:

<table cellspacing="0" cellpadding="0" style="margin-left:0.05pt; border-collapse:collapse"><thead><tr><td colspan="3" style="width:343.65pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top"><p class="Tabletext" style="page-break-after:avoid"><span style="font-weight:bold">Term of title etc.</span></p></td></tr><tr><td style="width:25pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top"><p class="Tabletext" style="page-break-after:avoid"><span style="font-weight:bold">Item</span></p></td><td style="width:130.75pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top"><p class="Tabletext" style="page-break-after:avoid"><span style="font-weight:bold">A reference in this Act to...</span></p></td><td style="width:166.5pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top"><p class="Tabletext" style="page-break-after:avoid"><span style="font-weight:bold">is a reference to...</span></p></td></tr></thead><tbody><tr><td style="width:25pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top"><p class="Tabletext"><span>1</span></p></td><td style="width:130.75pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top"><p class="Tabletext"><span>the term of:</span></p><p class="Tablea"><span>(a) a petroleum exploration permit; or</span></p><p class="Tablea"><span>(b) a petroleum retention lease; or</span></p><p class="Tablea"><span>(c) a petroleum production licence; or</span></p><p class="Tablea"><span>(d) an infrastructure licence; or</span></p><p class="Tablea"><span>(e) a pipeline licence; or</span></p><p class="Tablea"><span>(f) a petroleum special prospecting authority; or</span></p><p class="Tablea"><span>(g) a petroleum access authority;</span></p></td><td style="width:166.5pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top"><p class="Tabletext"><span>the period during which the permit, lease, licence or authority remains in force.</span></p></td></tr><tr><td style="width:25pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top"><p class="Tabletext"><span>2</span></p></td><td style="width:130.75pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top"><p class="Tabletext"><span>a year of the term of:</span></p><p class="Tablea"><span>(a) a petroleum exploration permit; or</span></p><p class="Tablea"><span>(b) a petroleum retention lease; or</span></p><p class="Tablea"><span>(c) a petroleum production licence; or</span></p><p class="Tablea"><span>(d) an infrastructure licence; or</span></p><p class="Tablea"><span>(e) a pipeline licence;</span></p></td><td style="width:166.5pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top"><p class="Tabletext"><span>a period of one year beginning on:</span></p><p class="Tablea"><span>(a) the day on which the permit, lease or licence comes into force; or</span></p><p class="Tablea"><span>(b) any anniversary of that day.</span></p></td></tr><tr><td style="width:25pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top"><p class="Tabletext"><span>3</span></p></td><td style="width:130.75pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top"><p class="Tabletext"><span>the expiry date of:</span></p><p class="Tablea"><span>(a) a petroleum exploration permit; or</span></p><p class="Tablea"><span>(b) a petroleum retention lease; or</span></p><p class="Tablea"><span>(c) a petroleum production licence;</span></p></td><td style="width:166.5pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.35pt; padding-left:5.35pt; vertical-align:top"><p class="Tabletext"><span>the day on which the permit, lease or licence ceases to be in force.</span></p></td></tr></tbody></table>