QLDIn ForceAct
Petroleum Act 1923
sec.75ICosts of independent viability assessment
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### sec.75I Costs of independent viability assessment
If—
the Minister has incurred costs in obtaining, under section 75H , an independent viability assessment about a 1923 Act petroleum tenure; and
the notice under section 75H about the assessment stated that the State will seek to recover the costs; and
the Minister has given the 1923 Act petroleum tenure holder a notice requiring the holder to pay a reasonable amount for the costs;
the holder must pay the State the reasonable amount for the costs.
s 75I ins 2004 No. 26 s 46
- (a) the Minister has incurred costs in obtaining, under section 75H , an independent viability assessment about a 1923 Act petroleum tenure; and
- (b) the notice under section 75H about the assessment stated that the State will seek to recover the costs; and
- (c) the Minister has given the 1923 Act petroleum tenure holder a notice requiring the holder to pay a reasonable amount for the costs;