sec.66AStandard relinquishment condition deferred while petroleum lease application is undecided

### sec.66A Standard relinquishment condition deferred while petroleum lease application is undecided This section applies if— the holder of an authority to prospect has made an application for a petroleum lease in relation to an identified area; and at the end of the relinquishment day, the application has not been decided. Section 66 does not apply to the authority to prospect in relation to the identified area until— the petroleum lease is granted; or 20 business days after the day the application is withdrawn or refused. In this section— identified area means the sub-blocks of land identified in a relinquishment notice as the sub-blocks of land to which an authority to prospect will not apply after a reduction required under section 66 (2) . s 66A ins 2020 No. 14 s 178 (sec.66A-ssec.1) This section applies if— the holder of an authority to prospect has made an application for a petroleum lease in relation to an identified area; and at the end of the relinquishment day, the application has not been decided. (sec.66A-ssec.2) Section 66 does not apply to the authority to prospect in relation to the identified area until— the petroleum lease is granted; or 20 business days after the day the application is withdrawn or refused. (sec.66A-ssec.3) In this section— identified area means the sub-blocks of land identified in a relinquishment notice as the sub-blocks of land to which an authority to prospect will not apply after a reduction required under section 66 (2) . - (a) the holder of an authority to prospect has made an application for a petroleum lease in relation to an identified area; and - (b) at the end of the relinquishment day, the application has not been decided. - (a) the petroleum lease is granted; or - (b) 20 business days after the day the application is withdrawn or refused.