VICIn ForceAct
Offshore Petroleum and Greenhouse Gas Storage Act 2010
111Simplified outline
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111 Simplified outline
If a petroleum pool is identified in a petroleum exploration permit area, the Minister may declare a location over the blocks to which the petroleum pool extends.
Generally, the blocks must be nominated for declaration by the permittee.
The Minister may require the permittee to nominate the blocks.
The declaration may be revoked or varied in certain circumstances.
(6) This section is intended only as a guide to readers as to the general scheme and effect of this Division.