sec.30AJoint holders of a petroleum authority

### sec.30A Joint holders of a petroleum authority A petroleum authority may be held by 2 or more persons as joint tenants or as tenants in common. If— an application is made for a petroleum authority, or for approval to register a transfer of a petroleum authority under the Common Provisions Act , for more than 1 proposed holder or transferee; and the application does not show whether the proposed holders or transferees are to hold as joint tenants or as tenants in common; and the application is granted; the chief executive must record in the register that the applicants hold the authority as tenants in common. In this section— petroleum authority includes a share in a petroleum authority. s 30A ins 2008 No. 56 s 93 amd 2012 No. 20 s 265 ; 2014 No. 47 ss 538 , 577 (sec.30A-ssec.1) A petroleum authority may be held by 2 or more persons as joint tenants or as tenants in common. (sec.30A-ssec.2) If— an application is made for a petroleum authority, or for approval to register a transfer of a petroleum authority under the Common Provisions Act , for more than 1 proposed holder or transferee; and the application does not show whether the proposed holders or transferees are to hold as joint tenants or as tenants in common; and the application is granted; the chief executive must record in the register that the applicants hold the authority as tenants in common. (sec.30A-ssec.3) In this section— petroleum authority includes a share in a petroleum authority. - (a) an application is made for a petroleum authority, or for approval to register a transfer of a petroleum authority under the Common Provisions Act , for more than 1 proposed holder or transferee; and - (b) the application does not show whether the proposed holders or transferees are to hold as joint tenants or as tenants in common; and - (c) the application is granted;