QLDIn ForceAct
Petroleum Act 1923
sec.74FRelinquishment must be by blocks
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### sec.74F Relinquishment must be by blocks
A relinquishment under the relinquishment condition can only be by blocks.
However, if a block contains an area that, under section 74D , can not be counted as a relinquishment, subsection (1) is complied with if all of the rest of the land within the block is relinquished.
s 74F ins 2004 No. 26 s 46
(sec.74F-ssec.1) A relinquishment under the relinquishment condition can only be by blocks.
(sec.74F-ssec.2) However, if a block contains an area that, under section 74D , can not be counted as a relinquishment, subsection (1) is complied with if all of the rest of the land within the block is relinquished.