140Petroleum production licence ceases to be in force when petroleum retention lease comes into force

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140 Petroleum production licence ceases to be in force when petroleum retention lease comes into force

When a petroleum retention lease under section 139 comes into force in relation to one or more blocks, a petroleum production licence ceases to be in force to the extent to which it relates to those blocks.

Section 140 - Offshore Petroleum and Greenhouse Gas Storage Act 2010 - Petroleum production licence ceases to be in force when petroleum retention lease comes into force | Zoe