QLDIn ForceAct
Petroleum and Gas (Production and Safety) Act 2004
sec.216State property in stored petroleum or prescribed storage gas to extent claims are not upheld
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### sec.216 State property in stored petroleum or prescribed storage gas to extent claims are not upheld
If, under section 215 , it is decided that no claimant owned any of the stored petroleum or prescribed storage gas, the gas is taken to have become the property of the State immediately after the old lease ended.
If, under section 215 , it is decided that no claimant owned part of the stored petroleum or prescribed storage gas, that part is taken to have become the property of the State immediately after the old lease ended.
(sec.216-ssec.1) If, under section 215 , it is decided that no claimant owned any of the stored petroleum or prescribed storage gas, the gas is taken to have become the property of the State immediately after the old lease ended.
(sec.216-ssec.2) If, under section 215 , it is decided that no claimant owned part of the stored petroleum or prescribed storage gas, that part is taken to have become the property of the State immediately after the old lease ended.