13Transitional provisions relating to Petroleum Legislation Amendment Act 2024 s. 33

13.Transitional provisions relating to Petroleum Legislation Amendment Act 2024 s. 33

(1)This regulation is made under section 154(3) of the Act and applies before the day on which the Petroleum Legislation Amendment Act 2024 section 33 comes into operation.

(2)In paragraph (h) of the definition of operator in section 5(1) of the Act (as inserted by the Petroleum Legislation Amendment Act 2024 section 4(6)(b)), the reference to a person who has an authorisation referred to in section 67(2) of the Act is to be read as a reference to a person (other than the Minister) who is a party to an agreement, or who has an approval, under section 67 of the Act.

(3)In paragraph (b) of the definition of report in section 5(1) of the Act (as inserted by the Petroleum Legislation Amendment Act 2024 section 4(2)), the reference to an authorisation referred to in section 67(2) of the Act is to be read as a reference to an agreement or approval under section 67 of the Act.

(4)In section 86B(2)(n) of the Act (as inserted by the Petroleum Legislation Amendment Act 2024 section 39), the reference to an authorisation referred to in section 67(2) of the Act is to be read as a reference to an agreement or approval under section 67 of the Act.

(5)For the purposes of Part 3 Division 4A of the Act (as inserted by the Petroleum Legislation Amendment Act 2024 section 39), the registered holder, in relation to a title referred to in section 86B(2)(n) of the Act, as modified by subregulation (4), is —

(a)the person (other than the Minister) who is a party to the agreement under section 67 of the Act; or

(b)the person who has the approval under section 67 of the Act.

[Regulation 13 inserted: SL 2026/82 r. 23.]