sec.146Petroleum lease taken to have development plan until decision on whether to approve proposed development plan

### sec.146 Petroleum lease taken to have development plan until decision on whether to approve proposed development plan This section applies until— if the proposed plan is approved—the holder is given notice of the approval; or if approval of the proposed plan is refused—when the refusal takes effect. Despite the ending of the plan period for the current development plan for the petroleum lease— the lease is taken to have a development plan; and the holder may carry out any authorised activity for the lease. s 146 amd 2011 No. 2 s 121 (sec.146-ssec.1) This section applies until— if the proposed plan is approved—the holder is given notice of the approval; or if approval of the proposed plan is refused—when the refusal takes effect. (sec.146-ssec.2) Despite the ending of the plan period for the current development plan for the petroleum lease— the lease is taken to have a development plan; and the holder may carry out any authorised activity for the lease. - (a) if the proposed plan is approved—the holder is given notice of the approval; or - (b) if approval of the proposed plan is refused—when the refusal takes effect. - (a) the lease is taken to have a development plan; and - (b) the holder may carry out any authorised activity for the lease.