QLDIn ForceAct
Petroleum and Gas (Production and Safety) Act 2004
sec.368Cessation of relinquishment condition for area not overlapping with coal or oil shale exploration tenement
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### sec.368 Cessation of relinquishment condition for area not overlapping with coal or oil shale exploration tenement
If—
a petroleum lease contains a relinquishment condition; and
all or part of the area of the lease ceases to be in the area of a coal or oil shale exploration tenement (the relevant land );
the condition ceases to apply for the relevant land.
- (a) a petroleum lease contains a relinquishment condition; and
- (b) all or part of the area of the lease ceases to be in the area of a coal or oil shale exploration tenement (the relevant land );