242Conduct, events or circumstances occurring before commencement day

242  Conduct, events or circumstances occurring before commencement day

 (1) To avoid doubt, a function or duty may be performed, or a power exercised, under this instrument in relation to conduct engaged in, an event that occurred, or a circumstance that arose, before the commencement day.

 (2) This section does not limit anything in this Part or section 7 of the Acts Interpretation Act 1901 (as that Act applies in relation to this instrument because of paragraph 13(1)(a) of the Legislation Act 2003).

Subdivision C—Provisions relating to discoveries of petroleum, title assessment reports and certain reports for greenhouse gas injection licensees

243  Notification and reporting of discovery of petroleum

 (1) Division 2 of Part 2 of this instrument applies on and after the commencement day in relation to a petroleum exploration permittee, petroleum retention lessee or petroleum production licensee who, before, on or after that day, notifies the Titles Administrator of a discovery of petroleum under section 284 of the Act.

 (2) Division 3 of Part 2 of this instrument applies on and after the commencement day in relation to a greenhouse gas assessment permittee, greenhouse gas holding lessee or greenhouse gas injection licensee who, before, on or after that day, notifies the Titles Administrator of a discovery of petroleum under section 452 of the Act.

244  Title assessment reports

 (1) Part 3 of this instrument applies in relation to a reporting period for a title that begins on or after the commencement day.

 (2) Despite the repeal of the old regulations, Part 3 of the old regulations continues to apply in relation to a year of the term of a title if the year of the term begins before the commencement day.

Subdivision D—Provisions relating to field development plans and recovery of petroleum