Offshore Petroleum and Greenhouse Gas Storage (Resource Management and Administration) Regulations 2025
87Revision at end of each 5 year period
Start here
Get a plain-English read of 87
Turn the raw legal text into a practical explanation grounded in Offshore Petroleum and Greenhouse Gas Storage (Resource Management and Administration) Regulations 2025.
87 Revision at end of each 5 year period
(1) A titleholder contravenes this subsection if the titleholder does not submit to NOPSEMA a proposed revision of a well operations management plan that is in force for a well in the title area at least 14 days before the end of the period of 5 years that begins on the later of the following days:
(a) the day NOPSEMA first accepts the plan;
(b) the day NOPSEMA accepts the latest proposed revision of the plan submitted under this section;
(c) if NOPSEMA gives a notice to the titleholder under subsection (2)—the day specified in the notice.
(2) For the purposes of paragraph (1)(c), if NOPSEMA accepts a proposed revision of a well operations management plan that was submitted by a titleholder under section 83, 84 or 85, NOPSEMA may, by written notice given to the titleholder, notify the titleholder that the period of 5 years mentioned in subsection (1) begins on the day specified in the notice.
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.