sec.53EDeciding whether to approve proposed plan

### sec.53E Deciding whether to approve proposed plan The Minister may approve or refuse to approve the proposed plan. The matters that must be considered in deciding whether to approve the proposed plan include each of the following— the potential of the area of the lease for petroleum production and related activities; the nature and extent of the activities; when and where the activities are proposed to be carried out; whether petroleum production sought under the lease will be optimised in the best interests of the State, having regard to the public interest; the extent to which the current development plan for the lease has been complied with; if the proposed plan provides for a significant change that is a cessation or reduction of petroleum production— whether the cessation or reduction is reasonable; and whether the lessee has taken all reasonable steps to prevent the cessation or reduction. s 53E ins 2004 No. 26 s 34 amd 2020 No. 14 s 171 ; 2024 No. 33 s 153 (sec.53E-ssec.1) The Minister may approve or refuse to approve the proposed plan. (sec.53E-ssec.2) The matters that must be considered in deciding whether to approve the proposed plan include each of the following— the potential of the area of the lease for petroleum production and related activities; the nature and extent of the activities; when and where the activities are proposed to be carried out; whether petroleum production sought under the lease will be optimised in the best interests of the State, having regard to the public interest; the extent to which the current development plan for the lease has been complied with; if the proposed plan provides for a significant change that is a cessation or reduction of petroleum production— whether the cessation or reduction is reasonable; and whether the lessee has taken all reasonable steps to prevent the cessation or reduction. - (a) the potential of the area of the lease for petroleum production and related activities; - (b) the nature and extent of the activities; - (c) when and where the activities are proposed to be carried out; - (d) whether petroleum production sought under the lease will be optimised in the best interests of the State, having regard to the public interest; - (e) the extent to which the current development plan for the lease has been complied with; - (f) if the proposed plan provides for a significant change that is a cessation or reduction of petroleum production— (i) whether the cessation or reduction is reasonable; and (ii) whether the lessee has taken all reasonable steps to prevent the cessation or reduction. - (i) whether the cessation or reduction is reasonable; and - (ii) whether the lessee has taken all reasonable steps to prevent the cessation or reduction. - (i) whether the cessation or reduction is reasonable; and - (ii) whether the lessee has taken all reasonable steps to prevent the cessation or reduction.