Petroleum and Gas (Royalty) Regulation 2021
sec.69Existing decision by revenue commissioner for benchmark price to apply—supply gas
Start here
Get a plain-English read of sec.69
Turn the raw legal text into a practical explanation grounded in Petroleum and Gas (Royalty) Regulation 2021.
sec.69 Existing decision by revenue commissioner for benchmark price to apply—supply gas
This section applies if— the revenue commissioner made a decision under section 148D(1)(d) of the expired regulation for section 148D(2) of the expired regulation to apply; and immediately before the commencement, the decision was in effect. The decision is taken to be a decision made by the revenue commissioner under section 23(1)(d). (sec.69-ssec.1) This section applies if— the revenue commissioner made a decision under section 148D(1)(d) of the expired regulation for section 148D(2) of the expired regulation to apply; and immediately before the commencement, the decision was in effect. (sec.69-ssec.2) The decision is taken to be a decision made by the revenue commissioner under section 23(1)(d).
- (a) the revenue commissioner made a decision under section 148D(1)(d) of the expired regulation for section 148D(2) of the expired regulation to apply; and
- (b) immediately before the commencement, the decision was in effect.