sec.550Public release of required information

### sec.550 Public release of required information The mere fact of the existence of a petroleum tenure is taken to be an authorisation from the holder of the tenure to the chief executive to do the following in relation to required information for the tenure— to publish, in the way prescribed by regulation, the information for public use, including, for example, to support petroleum exploration, production and development; to make the information available to a person on payment of the fee prescribed by regulation. Subsections (3) to (6) apply if a confidentiality period is prescribed by regulation for the required information. Subsection (1) does not apply in relation to the required information until the confidentiality period ends. Subsection (5) applies if— the required information is about an authorised activity carried out only in an area that stops being in the area of the petroleum tenure; and immediately before the area stops being in the area of the tenure, the confidentiality period has not ended. The confidentiality period ends when the area stops being in the area of the petroleum tenure. The required information is a well completion report about a well drilled on particular land in the area of an authority to prospect. The land is relinquished under the relinquishment condition for the authority. A confidentiality period for the required information ends when the land is relinquished. However, subsection (5) does not apply if— the petroleum tenure is an authority to prospect; and after the commencement of this subsection, the area stops being in the authority’s area under section 101(1) or (2). An authorisation under subsection (1) is not affected by the ending of the petroleum tenure. s 550 amd 2004 No. 26 s 185 sub 2024 No. 33 s 168 (sec.550-ssec.1) The mere fact of the existence of a petroleum tenure is taken to be an authorisation from the holder of the tenure to the chief executive to do the following in relation to required information for the tenure— to publish, in the way prescribed by regulation, the information for public use, including, for example, to support petroleum exploration, production and development; to make the information available to a person on payment of the fee prescribed by regulation. (sec.550-ssec.2) Subsections (3) to (6) apply if a confidentiality period is prescribed by regulation for the required information. (sec.550-ssec.3) Subsection (1) does not apply in relation to the required information until the confidentiality period ends. (sec.550-ssec.4) Subsection (5) applies if— the required information is about an authorised activity carried out only in an area that stops being in the area of the petroleum tenure; and immediately before the area stops being in the area of the tenure, the confidentiality period has not ended. (sec.550-ssec.5) The confidentiality period ends when the area stops being in the area of the petroleum tenure. The required information is a well completion report about a well drilled on particular land in the area of an authority to prospect. The land is relinquished under the relinquishment condition for the authority. A confidentiality period for the required information ends when the land is relinquished. (sec.550-ssec.6) However, subsection (5) does not apply if— the petroleum tenure is an authority to prospect; and after the commencement of this subsection, the area stops being in the authority’s area under section 101(1) or (2). (sec.550-ssec.7) An authorisation under subsection (1) is not affected by the ending of the petroleum tenure. - (a) to publish, in the way prescribed by regulation, the information for public use, including, for example, to support petroleum exploration, production and development; - (b) to make the information available to a person on payment of the fee prescribed by regulation. - (a) the required information is about an authorised activity carried out only in an area that stops being in the area of the petroleum tenure; and - (b) immediately before the area stops being in the area of the tenure, the confidentiality period has not ended. - (a) the petroleum tenure is an authority to prospect; and - (b) after the commencement of this subsection, the area stops being in the authority’s area under section 101(1) or (2).