250Approval to recover petroleum without accepted field development plan continues

250  Approval to recover petroleum without accepted field development plan continues

 (1) If an approval to recover petroleum without having an accepted field development plan was in force under regulation 4.15 of the old regulations immediately before the commencement day, the approval continues to be in force under this instrument as if it were a permission granted by the Titles Administrator under subsection 58(1) of this instrument.

 (2) The permission is taken to have been granted by the Titles Administrator on the day the Titles Administrator granted the approval under the old regulations.