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Petroleum Act 1984
89UNature of audit
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89U Nature of audit
An audit under this Division is a periodic or particular documented
evaluation of operations or activities conducted under a petroleum
interest (including management practices, systems and
infrastructure) for any one or more of the following purposes:
(a) to provide information on compliance or otherwise with
obligations under the petroleum interest or other related legal
requirements under this or any other law (including in relation
to the protection of the environment from the impacts of
activities under a petroleum interest and remediation and
rehabilitation work on account of action taken by the holder of
the petroleum interest);
(b) to provide information on compliance or otherwise with codes
of practice or policies relevant to the petroleum interest;
(c) to enable a determination of whether the way activities are
being carried out under the petroleum interest can be
improved to achieve better compliance with this Act or to
provide greater consistency with the objects of this Act.