Offshore Petroleum and Greenhouse Gas Storage Act 2010
155AVariation of petroleum production licences obtained as result of change to the boundary of the offshore area
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155A Variation of petroleum production licences obtained as result of change to the boundary of the offshore area
(1) The Minister may, by written notice given to the licensee of a petroleum production licence granted under section 179A, vary the licence by imposing one or more conditions to which the licence is subject.
(2) A notice under subsection (1) must be given within 14 days after the grant of the licence.
(3) A variation under subsection (1) takes effect on the day on which notice of the variation is given to the licensee.