sec.64Existing election by petroleum producer of domestic gas for benchmark price to apply

sec.64 Existing election by petroleum producer of domestic gas for benchmark price to apply

This section applies if— a petroleum producer made an election under section 147(3) of the expired regulation for section 147(2) of the expired regulation to apply; and immediately before the commencement, the election had not ended. The election is taken to be an election made by the petroleum producer under section 18(3). (sec.64-ssec.1) This section applies if— a petroleum producer made an election under section 147(3) of the expired regulation for section 147(2) of the expired regulation to apply; and immediately before the commencement, the election had not ended. (sec.64-ssec.2) The election is taken to be an election made by the petroleum producer under section 18(3).

• (a) a petroleum producer made an election under section 147(3) of the expired regulation for section 147(2) of the expired regulation to apply; and
• (b) immediately before the commencement, the election had not ended.