### sec.175AA When holder may apply to change production commencement day The holder of a petroleum lease may apply to change the production commencement day for the lease to a new day only if— the holder has a relevant arrangement in place to supply petroleum produced from the area of the lease; and the application is made no later than 1 year, or a shorter period prescribed by regulation, before the day by which petroleum production under the lease is to start. s 175AA ins 2012 No. 20 s 269 amd 2014 No. 29 s 125 - (a) the holder has a relevant arrangement in place to supply petroleum produced from the area of the lease; and - (b) the application is made no later than 1 year, or a shorter period prescribed by regulation, before the day by which petroleum production under the lease is to start.

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