sec.143APlan period

### sec.143A Plan period The proposed later development plan must state its period. The stated period must not be longer than— for a proposed later development plan that relates to an application under division 6 to renew the lease— if the renewed term sought for the lease is less than 5 years—the renewed term; or if the renewed term sought for the lease is 5 years or more—5 years from the day the renewed term starts; or otherwise— if the remaining term of the lease is less than 5 years from the day the current plan period for the lease ends—the remaining term of the lease; or if the remaining term of the lease is 5 years or more from the day the current plan period for the lease ends—5 years from the day the current plan period for the lease ends. In this section— current plan period , for a petroleum lease, means the plan period for the current development plan for the lease. s 143A ins 2024 No. 33 s 164 (sec.143A-ssec.1) The proposed later development plan must state its period. (sec.143A-ssec.2) The stated period must not be longer than— for a proposed later development plan that relates to an application under division 6 to renew the lease— if the renewed term sought for the lease is less than 5 years—the renewed term; or if the renewed term sought for the lease is 5 years or more—5 years from the day the renewed term starts; or otherwise— if the remaining term of the lease is less than 5 years from the day the current plan period for the lease ends—the remaining term of the lease; or if the remaining term of the lease is 5 years or more from the day the current plan period for the lease ends—5 years from the day the current plan period for the lease ends. (sec.143A-ssec.3) In this section— current plan period , for a petroleum lease, means the plan period for the current development plan for the lease. - (a) for a proposed later development plan that relates to an application under division 6 to renew the lease— (i) if the renewed term sought for the lease is less than 5 years—the renewed term; or (ii) if the renewed term sought for the lease is 5 years or more—5 years from the day the renewed term starts; or - (i) if the renewed term sought for the lease is less than 5 years—the renewed term; or - (ii) if the renewed term sought for the lease is 5 years or more—5 years from the day the renewed term starts; or - (b) otherwise— (i) if the remaining term of the lease is less than 5 years from the day the current plan period for the lease ends—the remaining term of the lease; or (ii) if the remaining term of the lease is 5 years or more from the day the current plan period for the lease ends—5 years from the day the current plan period for the lease ends. - (i) if the remaining term of the lease is less than 5 years from the day the current plan period for the lease ends—the remaining term of the lease; or - (ii) if the remaining term of the lease is 5 years or more from the day the current plan period for the lease ends—5 years from the day the current plan period for the lease ends. - (i) if the renewed term sought for the lease is less than 5 years—the renewed term; or - (ii) if the renewed term sought for the lease is 5 years or more—5 years from the day the renewed term starts; or - (i) if the remaining term of the lease is less than 5 years from the day the current plan period for the lease ends—the remaining term of the lease; or - (ii) if the remaining term of the lease is 5 years or more from the day the current plan period for the lease ends—5 years from the day the current plan period for the lease ends.