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Petroleum and Gas (Production and Safety) Act 2004
sec.107ACDeciding application
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### sec.107AC Deciding application
The Minister may declare the amalgamated potential commercial area for the authority to prospect only if satisfied the area is no more than is needed to cover the maximum extent of a natural underground reservoir identified in the report mentioned in section 107AB (b) .
Also—
before deciding to declare the amalgamated potential commercial area for the authority to prospect, the Minister must decide whether to approve the proposed evaluation program for the amalgamated potential commercial area; and
the amalgamated potential commercial area can not be declared unless—
the proposed evaluation program for the amalgamated potential commercial area has been approved; and
the Minister is satisfied the holder of the authority to prospect—
continues to satisfy the capability criteria that applied in relation to the authority; and
continues to satisfy any special criteria that applied in relation to the authority; and
has substantially complied with the conditions of the authority.
The Minister may, as a condition of declaring the amalgamated potential commercial area for the authority to prospect, require the applicant to give security or additional security for the authority to prospect, under section 488 , within a stated reasonable period.
If the applicant does not comply with a requirement under subsection (3) , the application may be refused.
s 107AC ins 2019 No. 17 s 303
(sec.107AC-ssec.1) The Minister may declare the amalgamated potential commercial area for the authority to prospect only if satisfied the area is no more than is needed to cover the maximum extent of a natural underground reservoir identified in the report mentioned in section 107AB (b) .
(sec.107AC-ssec.2) Also— before deciding to declare the amalgamated potential commercial area for the authority to prospect, the Minister must decide whether to approve the proposed evaluation program for the amalgamated potential commercial area; and the amalgamated potential commercial area can not be declared unless— the proposed evaluation program for the amalgamated potential commercial area has been approved; and the Minister is satisfied the holder of the authority to prospect— continues to satisfy the capability criteria that applied in relation to the authority; and continues to satisfy any special criteria that applied in relation to the authority; and has substantially complied with the conditions of the authority.
(sec.107AC-ssec.3) The Minister may, as a condition of declaring the amalgamated potential commercial area for the authority to prospect, require the applicant to give security or additional security for the authority to prospect, under section 488 , within a stated reasonable period.
(sec.107AC-ssec.4) If the applicant does not comply with a requirement under subsection (3) , the application may be refused.
- (a) before deciding to declare the amalgamated potential commercial area for the authority to prospect, the Minister must decide whether to approve the proposed evaluation program for the amalgamated potential commercial area; and
- (b) the amalgamated potential commercial area can not be declared unless— (i) the proposed evaluation program for the amalgamated potential commercial area has been approved; and (ii) the Minister is satisfied the holder of the authority to prospect— (A) continues to satisfy the capability criteria that applied in relation to the authority; and (B) continues to satisfy any special criteria that applied in relation to the authority; and (C) has substantially complied with the conditions of the authority.
- (i) the proposed evaluation program for the amalgamated potential commercial area has been approved; and
- (ii) the Minister is satisfied the holder of the authority to prospect— (A) continues to satisfy the capability criteria that applied in relation to the authority; and (B) continues to satisfy any special criteria that applied in relation to the authority; and (C) has substantially complied with the conditions of the authority.
- (A) continues to satisfy the capability criteria that applied in relation to the authority; and
- (B) continues to satisfy any special criteria that applied in relation to the authority; and
- (C) has substantially complied with the conditions of the authority.
- (i) the proposed evaluation program for the amalgamated potential commercial area has been approved; and
- (ii) the Minister is satisfied the holder of the authority to prospect— (A) continues to satisfy the capability criteria that applied in relation to the authority; and (B) continues to satisfy any special criteria that applied in relation to the authority; and (C) has substantially complied with the conditions of the authority.
- (A) continues to satisfy the capability criteria that applied in relation to the authority; and
- (B) continues to satisfy any special criteria that applied in relation to the authority; and
- (C) has substantially complied with the conditions of the authority.
- (A) continues to satisfy the capability criteria that applied in relation to the authority; and
- (B) continues to satisfy any special criteria that applied in relation to the authority; and
- (C) has substantially complied with the conditions of the authority.