Petroleum Act 1936
Div 3Petroleum Leases
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Division 3 — Petroleum Leases
- Governor may grant petroleum lease 30
55A. Holder of license granted after 1st January 1955, may acquire certain area of land 31
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Applications 32
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Shape of land in petroleum lease 33
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Term of lease 33
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Rent of lease 33
60A. Lessee to furnish bond 34
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On approval of application for lease, applicant may enter land 34
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Lease instrument to be prepared and registered 35
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Covenants and conditions of petroleum leases 35
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Acceptance of rent not to be deemed a waiver 37
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Forfeiture of leases 37
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Lessee may surrender lease 38
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Minister to have access to lease 38
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Lessee may erect buildings and machinery on lease 38
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Royalties 38
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Return to be furnished 39
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Officers may examine books, etc. 40
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Payment of royalty: how enforced 40
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Penalties 40
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Exemption from labour conditions 40
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Lessee not to drill within prescribed distance of another lease 41
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Applications for exemption 41