Offshore Petroleum and Greenhouse Gas Storage (Resource Management and Administration) Regulations 2025
251Approval of rate of recovery in force immediately before commencement day
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251 Approval of rate of recovery in force immediately before commencement day
(1) If an approval of a rate of recovery of petroleum by the Joint Authority was in force under regulation 4.18 of the old regulations immediately before the commencement day, the approval continues to be in force under this instrument as if it were a recovery rate approval granted by the Titles Administrator under subsection 60(5) of this instrument.
(2) The recovery rate approval is taken to have been granted by the Titles Administrator on the day the Joint Authority approved the rate of recovery of petroleum under the old regulations.
Subdivision E—Provisions relating to well operations management plans