62Steps to be taken before withdrawing recovery rate approval

62  Steps to be taken before withdrawing recovery rate approval

 (1) Before withdrawing a petroleum production licensee’s recovery rate approval under section 61, the Joint Authority must comply with subsections (2), (4) and (5) of this section.

Notice of intention to withdraw recovery rate approval

 (2) The Joint Authority must ask the Titles Administrator to give the licensee at least 30 days’ notice, in writing, of the Joint Authority’s intention to withdraw the recovery rate approval.

 (3) The Joint Authority may ask the Titles Administrator to give a copy of the notice to such other persons (if any) as the Joint Authority thinks fit.

Contents of notice

 (4) The Joint Authority must ensure that the notice specifies:

 (a) the grounds on which the Joint Authority proposes to withdraw the recovery rate approval; and

 (b) a day by which the licensee (or any other person to whom a copy of the notice has been given) may submit to the Titles Administrator, in writing, any matters for the Joint Authority to take into account in deciding whether to withdraw the recovery rate approval.

Considerations

 (5) In deciding whether to withdraw the recovery rate approval, the Joint Authority must take into account:

 (a) any action taken by the licensee to:

 (i) reinstate recovery of petroleum in accordance with the recovery rate approval; or

 (ii) ensure that petroleum is recovered only in accordance with the recovery rate approval; and

 (b) either:

 (i) any equipment and procedures approved under section 66 in relation to the licensee and petroleum pool; or

 (ii) any equipment approved under section 13 of the Royalty Act in relation to the licensee and petroleum pool; and

 (c) any other matter submitted to the Titles Administrator before the day specified in the notice by:

 (i) the licensee; or

 (ii) if another person is given a copy of the notice under subsection (3)—that other person.