sec.162Requirements for making renewal application

### sec.162 Requirements for making renewal application The application must— be in the approved form; and state whether or not the development plan for the petroleum lease has been complied with; and if the development plan has not been complied with—state details of, and the reasons for, each noncompliance; and include a proposed later development plan for the renewed lease; and state whether or not the applicant has complied with chapter 5 , part 7 , for reports required to be lodged in relation to the lease; and be accompanied by— the application fee prescribed under a regulation; and if the application is made less than 40 business days before the end of the term of the lease—an amount that is 10 times the application fee. The proposed later development plan must comply with the later development plan requirements. s 162 amd 2004 No. 26 s 105 ; 2011 No. 2 ss 121 , 122 sch ; 2012 No. 20 s 281 sch 2 ; 2014 No. 47 s 616 (sec.162-ssec.1) The application must— be in the approved form; and state whether or not the development plan for the petroleum lease has been complied with; and if the development plan has not been complied with—state details of, and the reasons for, each noncompliance; and include a proposed later development plan for the renewed lease; and state whether or not the applicant has complied with chapter 5 , part 7 , for reports required to be lodged in relation to the lease; and be accompanied by— the application fee prescribed under a regulation; and if the application is made less than 40 business days before the end of the term of the lease—an amount that is 10 times the application fee. (sec.162-ssec.2) The proposed later development plan must comply with the later development plan requirements. - (a) be in the approved form; and - (b) state whether or not the development plan for the petroleum lease has been complied with; and - (c) if the development plan has not been complied with—state details of, and the reasons for, each noncompliance; and - (d) include a proposed later development plan for the renewed lease; and - (e) state whether or not the applicant has complied with chapter 5 , part 7 , for reports required to be lodged in relation to the lease; and - (f) be accompanied by— (i) the application fee prescribed under a regulation; and (ii) if the application is made less than 40 business days before the end of the term of the lease—an amount that is 10 times the application fee. - (i) the application fee prescribed under a regulation; and - (ii) if the application is made less than 40 business days before the end of the term of the lease—an amount that is 10 times the application fee. - (i) the application fee prescribed under a regulation; and - (ii) if the application is made less than 40 business days before the end of the term of the lease—an amount that is 10 times the application fee.