507Entry in Register—cessation, revocation or expiry of title

507 Entry in Register—cessation, revocation or expiry of title

If an event specified in the table happens, the Minister must enter in the Register a memorial of the fact.

| Cessation of title etc. | | | 1 | A petroleum exploration permit or petroleum retention lease ceases to be in force over a block in relation to which a petroleum production licence is granted. | | 2 | A petroleum exploration permit ceases to be in force over a block in relation to which a petroleum retention lease is granted. | | 3 | A petroleum exploration permit is wholly or partly revoked. | | 4 | A petroleum retention lease is wholly or partly revoked otherwise than under section 147. | | 5 | A petroleum exploration permit, petroleum retention lease, petroleum production licence, petroleum special prospecting authority or petroleum access authority expires. |

Part 4.3—Transfer of titles