186ATime limit for making decision about renewal of fixed‑term petroleum production licence

#### 186A Time limit for making decision about renewal of fixed‑term petroleum production licence (1) The Joint Authority must make a decision under section 185 or 186, in relation to an application under section 184, within the period that: (a) begins when the application was made; and (b) runs for: (i) if a written agreement between the applicant and the Joint Authority in relation to the application specifies a number of days for the purposes of this subparagraph—that number of days; or (ii) if no such agreement is in force—the prescribed number of days. (2) The Joint Authority is not required to comply with subsection (1) unless a number of days is prescribed for the purposes of subparagraph (1)(b)(ii). (3) The applicant and the Joint Authority may vary or terminate an agreement referred to in subparagraph (1)(b)(i). (4) A failure to comply with subsection (1) in relation to a decision does not affect the validity of the decision. > Note: See also sections 286B and 286C.