sec.170BApplying to amalgamate 1923 Act lease

### sec.170B Applying to amalgamate 1923 Act lease A person may apply to the Minister to amalgamate 2 or more 1923 Act leases (each also an individual lease ) into a single petroleum lease (also the amalgamated lease ). An application can be made only if— for each individual lease— the holder of the individual lease has applied under section 908 for a petroleum lease for all or part of the area of the lease (a section 908 application ); or the application for amalgamation is accompanied by a section 908 application in relation to the individual lease; and all of the holders of the individual leases agree to the proposed amalgamation; and the holders of the amalgamated lease will be the same as the holders of the individual leases. Also, a person can not make an application under subsection (1) if any of the holders of individual leases have not complied with a provision of the 1923 Act . If a section 908 application is withdrawn, the application for amalgamation is taken to be withdrawn. If a section 908 application is rejected, the application for amalgamation is taken to have lapsed. s 170B ins 2020 No. 14 s 189 amd 2024 No. 33 s 165 (sec.170B-ssec.1) A person may apply to the Minister to amalgamate 2 or more 1923 Act leases (each also an individual lease ) into a single petroleum lease (also the amalgamated lease ). (sec.170B-ssec.2) An application can be made only if— for each individual lease— the holder of the individual lease has applied under section 908 for a petroleum lease for all or part of the area of the lease (a section 908 application ); or the application for amalgamation is accompanied by a section 908 application in relation to the individual lease; and all of the holders of the individual leases agree to the proposed amalgamation; and the holders of the amalgamated lease will be the same as the holders of the individual leases. (sec.170B-ssec.3) Also, a person can not make an application under subsection (1) if any of the holders of individual leases have not complied with a provision of the 1923 Act . (sec.170B-ssec.4) If a section 908 application is withdrawn, the application for amalgamation is taken to be withdrawn. (sec.170B-ssec.5) If a section 908 application is rejected, the application for amalgamation is taken to have lapsed. - (a) for each individual lease— (i) the holder of the individual lease has applied under section 908 for a petroleum lease for all or part of the area of the lease (a section 908 application ); or (ii) the application for amalgamation is accompanied by a section 908 application in relation to the individual lease; and - (i) the holder of the individual lease has applied under section 908 for a petroleum lease for all or part of the area of the lease (a section 908 application ); or - (ii) the application for amalgamation is accompanied by a section 908 application in relation to the individual lease; and - (b) all of the holders of the individual leases agree to the proposed amalgamation; and - (c) the holders of the amalgamated lease will be the same as the holders of the individual leases. - (i) the holder of the individual lease has applied under section 908 for a petroleum lease for all or part of the area of the lease (a section 908 application ); or - (ii) the application for amalgamation is accompanied by a section 908 application in relation to the individual lease; and