41Revision at the end of each 5 years

41  Revision at the end of each 5 years  (1) A titleholder must submit a revised environment plan under section 26 for an activity under the title at least 14 days before the end of each consecutive period of 5 years, with the first period commencing on the latest of the following:  (a) the day an environment plan for the activity is first accepted by NOPSEMA under section 33;  (b) if a revised environment plan submitted in accordance with this section is accepted by NOPSEMA under section 33—the last day on which such a revised environment plan is accepted;  (c) if NOPSEMA gives the titleholder a notice under subsection (2) of this section—the day specified in the notice.  (2) If the titleholder submits a revised environment plan in accordance with section 38, 39 or 40, NOPSEMA may notify the titleholder that the period of 5 years mentioned in subsection (1) of this section starts on a day specified in the notice. The day must be later than the last day to which paragraph (1)(a) or (b) applies.