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Petroleum and Geothermal Energy Resources Act 1967
Div 3Production licences
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Division 3 — Production licences
49. Recovery of petroleum or geothermal energy resources in State 115
50. Application by permittee for licence 116
50A. Application by lessee for licence 118
51. Application for licence under s. 50 or 50A, requirements for 119
52. Determination of rate of royalty 120
53. Notification as to grant of licence 121
54. Grant of licence 123
54A. Application of s. 51 to 54 where permit etc. transferred 124
55. Variation of licence area 125
56. Determination of permit as to blocks not taken up by licensee 125
57. Application for licence in respect of surrendered etc. blocks 128
58. Application fee etc. for s. 57 applications 131
59. Request by applicant for grant of licence 131
60. Grant of licence on request 134
61. Licence for 2 or more blocks may be divided into 2 or more licences 134
61A. Grant of petroleum production licence as result of change to boundary of offshore area 136
62. Rights conferred by licence 139
62A. Geothermal energy recovery development plans 139
62B. Variation of approved development plans 140
63. Term of licence 141
64A. Termination of licence if no operations for 5 years 141
64. Application for renewal of licence 143
65. Grant or refusal of renewal of licence 144
66. Conditions of licence 147
67. Storage of petroleum underground 148
68. Directions as to recovery of petroleum 149
69. Unit development 150