VICIn ForceAct
Petroleum Act 1998
108Matters Minister must consider in assessing transfer application
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108 Matters Minister must consider in assessing transfer application
(1) The Minister may approve the transfer of an authority if, in her or his opinion, the transfer will maintain or increase petroleum operations in the authority area.
(2) The Minister may approve the transfer of a retention lease even if the transfer does not comply with subsection (1).
(3) The Minister must not approve the transfer of an authority that, in her or his opinion, is not in the best interests of the people of Victoria.