19Requirement to provide discovery assessment report

19  Requirement to provide discovery assessment report

Requirement to provide discovery assessment report

 (1) A greenhouse gas titleholder contravenes this subsection if:

 (a) the titleholder informs the responsible Commonwealth Minister of a discovery of petroleum under section 452 of the Act; and

 (b) the titleholder does not give the responsible Commonwealth Minister a report (a discovery assessment report) for the title area that includes the information specified in subsection (2) within 60 days after completion of the well that resulted in the discovery.

 (2) For the purposes of subsection (1), a discovery assessment report must include the following information:

 (a) the location of the petroleum discovery in the title area;

 (b) if any production tests have been conducted on the discovered petroleum—the results of the tests;

 (c) if the responsible Commonwealth Minister has, under section 18, requested specified information to be included in the report, and the request has not been withdrawn—the information specified in the request.

Note: This subsection is a continuing offence under section 4K of the Crimes Act 1914. See section 237 of this instrument for the maximum penalty for each day that an offence under this subsection continues.

Note: This subsection is a continuing civil penalty provision under section 93 of the Regulatory Powers Act. See section 237 of this instrument for the maximum civil penalty for each day that a contravention referred to in this subsection continues.