Offshore Petroleum and Greenhouse Gas Storage Act 2010
533Provisional application for approval of dealing
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533 Provisional application for approval of dealing
(a) 2 or more persons enter into a dealing relating to a title that may come into existence in the future; and
(b) that dealing would, if the title came into existence, become a dealing to which Part 4.6 applies.
(2) If the dealing relates to only one title that may come into existence in the future, a party to the dealing may make a provisional application to the Minister for approval of the dealing.
(3) If the dealing relates to 2 or more titles that may come into existence in the future, a party to the dealing may make a separate provisional application to the Minister for approval of the dealing in relation to each title that may come into existence in the future.
(4) A provisional application must be in writing.