sec.543Requirement of petroleum tenure holder to report outcome of testing

### sec.543 Requirement of petroleum tenure holder to report outcome of testing This section applies if— an authority to prospect holder carries out testing under section 71A (1) or 71B (1) ; or a petroleum lease holder carries out testing under section 150A (1) or 150C (1) . The holder must, within 40 business days after the testing ends, lodge a report stating the outcome of the test. s 543 amd 2012 No. 20 s 281 sch 2 ; 2013 No. 23 s 175 ; 2018 No. 24 s 217 (sec.543-ssec.1) This section applies if— an authority to prospect holder carries out testing under section 71A (1) or 71B (1) ; or a petroleum lease holder carries out testing under section 150A (1) or 150C (1) . (sec.543-ssec.2) The holder must, within 40 business days after the testing ends, lodge a report stating the outcome of the test. - (a) an authority to prospect holder carries out testing under section 71A (1) or 71B (1) ; or - (b) a petroleum lease holder carries out testing under section 150A (1) or 150C (1) .