sec.288ATransfer of water observation bore to State

### sec.288A Transfer of water observation bore to State A petroleum tenure holder or water monitoring authority holder may transfer a water observation bore in the area of the tenure or authority to the State if— the holder gives the chief executive a notice, in the approved form, offering to transfer the bore to the State; and the chief executive receives the notice no later than 60 business days before the holder must, as required under section 292 , decommission the bore; and the chief executive, within 20 business days after receiving the notice, gives the holder notice that the State consents to the transfer. The approved form must require a statement by the holder transferring the bore that, if the bore was drilled under section 282 , that section has been complied with for the bore. If the chief executive gives the holder a notice under subsection (1) (c) , the notice must state the day the transfer takes effect. If the chief executive does not give the holder a notice under subsection (1) (c) , the holder must, as required under section 292 , decommission the bore. s 288A ins 2018 No. 24 s 208 (sec.288A-ssec.1) A petroleum tenure holder or water monitoring authority holder may transfer a water observation bore in the area of the tenure or authority to the State if— the holder gives the chief executive a notice, in the approved form, offering to transfer the bore to the State; and the chief executive receives the notice no later than 60 business days before the holder must, as required under section 292 , decommission the bore; and the chief executive, within 20 business days after receiving the notice, gives the holder notice that the State consents to the transfer. (sec.288A-ssec.2) The approved form must require a statement by the holder transferring the bore that, if the bore was drilled under section 282 , that section has been complied with for the bore. (sec.288A-ssec.3) If the chief executive gives the holder a notice under subsection (1) (c) , the notice must state the day the transfer takes effect. (sec.288A-ssec.4) If the chief executive does not give the holder a notice under subsection (1) (c) , the holder must, as required under section 292 , decommission the bore. - (a) the holder gives the chief executive a notice, in the approved form, offering to transfer the bore to the State; and - (b) the chief executive receives the notice no later than 60 business days before the holder must, as required under section 292 , decommission the bore; and - (c) the chief executive, within 20 business days after receiving the notice, gives the holder notice that the State consents to the transfer.