56Supreme Court determinations for purposes of this Division

56 Supreme Court determinations for purposes of this Division

(a) a petroleum pool is—

(i) partly in a title area of a title; and

(ii) partly in another area outside the offshore area in which the titleholder has, under the Commonwealth Act or a corresponding State law, authority to explore for, or recover, petroleum; and

(b) petroleum is recovered from that pool; and

(c) the Supreme Court of another State makes a determination, under the Commonwealth Act or a corresponding State law, of the proportion of the petroleum recovered from that pool that is, for the purposes of the Commonwealth Act or the corresponding State law, to be taken to have been recovered from the other area.

(2) The Supreme Court must not make a determination under this Division that is inconsistent with the determination of the Supreme Court of the other State.

Pt 1.3 (Heading) substituted by No. 26/2021 s. 9.