QLDIn ForceAct
Petroleum and Gas (Production and Safety) Act 2004
sec.67Sub-blocks that can not be counted towards relinquishment
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### sec.67 Sub-blocks that can not be counted towards relinquishment
The following can not be counted as sub-blocks relinquished for the relinquishment condition—
sub-blocks relinquished under an additional relinquishment condition;
the mere declaration of the sub-blocks as a potential commercial area for the authority;
sub-blocks the subject of an application for a potential commercial area;
sub-blocks relinquished under a penalty relinquishment.
To remove any doubt, it is declared that a potential commercial area can be relinquished and can be counted as an area relinquished for the relinquishment condition.
In this section—
penalty relinquishment means a relinquishment that is—
made under section 78A or under a requirement under section 790 (1) (b) ; and
more than the sub-blocks required to be relinquished under the relinquishment condition.
s 67 amd 2004 No. 26 s 83 ; 2020 No. 14 s 179
(sec.67-ssec.1) The following can not be counted as sub-blocks relinquished for the relinquishment condition— sub-blocks relinquished under an additional relinquishment condition; the mere declaration of the sub-blocks as a potential commercial area for the authority; sub-blocks the subject of an application for a potential commercial area; sub-blocks relinquished under a penalty relinquishment.
(sec.67-ssec.2) To remove any doubt, it is declared that a potential commercial area can be relinquished and can be counted as an area relinquished for the relinquishment condition.
(sec.67-ssec.3) In this section— penalty relinquishment means a relinquishment that is— made under section 78A or under a requirement under section 790 (1) (b) ; and more than the sub-blocks required to be relinquished under the relinquishment condition.
- (a) sub-blocks relinquished under an additional relinquishment condition;
- (b) the mere declaration of the sub-blocks as a potential commercial area for the authority;
- (c) sub-blocks the subject of an application for a potential commercial area;
- (d) sub-blocks relinquished under a penalty relinquishment.
- (a) made under section 78A or under a requirement under section 790 (1) (b) ; and
- (b) more than the sub-blocks required to be relinquished under the relinquishment condition.