269Surrender of petroleum access authority

269 Surrender of petroleum access authority

The registered holder of a petroleum access authority may, by written notice given to the Minister, surrender the petroleum access authority.

Part 2.13—Cancellation of titles

Division 1—Cancellation of petroleum exploration permits, petroleum production licences, petroleum retention leases, infrastructure licences and pipeline licences

270 Grounds for cancellation of title

For the purposes of this Division, each of the following is a ground for cancelling a petroleum exploration permit, petroleum retention lease, petroleum production licence, infrastructure licence or pipeline licence—

(a) the registered holder has not complied with a condition to which the permit, lease or licence is subject;

(b) the registered holder has not complied with a direction given to the holder by the Minister under this Chapter, Chapter 6 or Part 7.1;

(c) the registered holder has not complied with a provision of—

(v) the regulations;

(d) the registered holder has not paid an amount payable by the holder under this Act within the period of 90 days after the day on which the amount became payable.