Petroleum, Geothermal Energy and Greenhouse Gas Storage Act 1967
Div 2ARetention leases
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Division 2A — Retention leases
48A.Application by permittee or holder of drilling reservation for lease115
48B.Grant or refusal of lease in relation to application118
48BA.Application of s. 48A and 48B where permit is transferred122
48BB.Application by petroleum or geothermal lessee for GHG retention lease122
48BC.Grant or refusal of GHG retention lease in relation to application by petroleum or geothermal lessee124
48BD.Application of s. 48BB and 48BC if petroleum or geothermal retention lease is transferred126
48CA.Application by licensee for lease126
48CB.Grant or refusal of lease in relation to application by licensee130
48CC.Application of s. 48CA and 48CB if licence is transferred134
48CD.Grant of petroleum retention lease as result of change to boundary of offshore area135
48C.Rights conferred by petroleum retention lease or geothermal retention lease137
48CAA.Rights conferred by GHG retention lease139
48D.Term of lease141
48E.Notice of intention to cancel lease141
48F.Application for renewal of lease143
48G.Grant or refusal of renewal of lease145
48GA.GHG retention lease cannot be renewed more than once149
48H.Conditions of lease150
48I.Not used151
48J.Certain discoveries in lease area to be notified151
48K.Directions by Minister on discovery of petroleum, regulated substances or geothermal energy resources152