12The *Acts Amendment (Petroleum) Act 1990* s. 58(2)‑(7) read as follows:

12 The *Acts Amendment (Petroleum) Act 1990* s. 58(2)‑(7) read as follows: (2) Subject to this section, sections 75 and 75A of the principal Act as amended by this Act apply in relation to dealings evidenced by instruments executed after the commencement of this section. (3) A party to an instrument to which section 75 of the principal Act applied, being an instrument that had not been approved under that section of that Act, may, if the instrument evidences a dealing — (a) to which section 75 of the principal Act as amended by this Act would, if the instrument had been executed after the commencement of this section, apply; and (b) that relates to a permit, licence or access authority that was in existence at the time of execution of the instrument, make an application in writing, within 12 months after the commencement of this section, to the Minister for approval of the dealing. (a) before the commencement of this section, 2 or more persons entered into a dealing relating to a permit, licence or access authority that was not in existence at the time of execution of the instrument evidencing the dealing; (b) that dealing would, if the instrument evidencing the dealing had been executed after the commencement of this section, be a dealing referred to in section 75A(1) of the principal Act as amended by this Act; and (c) that permit, licence or access authority has come, or comes, into existence, a party to the dealing may make an application in writing within — (d) in a case where that permit, licence or access authority came into existence before the commencement of this section, 12 months after that commencement; or (e) in any other case, 3 months after that permit, licence or access authority comes into existence, to the Minister for approval of the dealing. (5) Section 75 of the principal Act as amended by this Act (other than subsections (5) and (6) of that section) applies to a dealing in respect of which an application is made under subsection (3) or (4) of this section. (6) If, when the first regulations made for the purposes of section 75(4)(b) of the principal Act, as amended by this Act, take effect, an application for approval of a dealing has been made but the Minister has neither approved nor refused to approve the dealing — (a) the Minister shall give to the applicant written notice that the applicant is entitled to lodge an instrument for the purpose of section 75(4)(b) in relation to the application; (b) the applicant may lodge an instrument for the purpose of section 75(4)(b); (c) the application shall not be dealt with by the Minister until after the end of 30 days after the day on which notice is given for the purpose of paragraph (a); and (d) where the applicant lodges an instrument under paragraph (b), the applicant shall lodge with the instrument 2 copies of the instrument. (7) An instrument lodged under subsection (6) shall be taken, for the purposes of section 75(13) of the principal Act, as amended by this Act, to have accompanied the application when the application was lodged.