NSWIn ForceAct
Petroleum (Onshore) Act 1991
106DAmount of security deposit
Start here
Get a plain-English read of 106D
Turn the raw legal text into a practical explanation grounded in Petroleum (Onshore) Act 1991.
#### 106D Amount of security deposit
106D Amount of security deposit
> The amount of the security deposit that may be required by a security deposit condition is—
>
> > (a) the assessed deposit for the petroleum title concerned as at the date the condition is imposed or varied, or
>
> > (b) if there is no assessed deposit for the petroleum title—the minimum deposit for the petroleum title as at the date the condition is imposed or varied.
>
> **ss 106C–106I:** Ins 2012 No 46, Sch 6.1 \[18\].