15Applications to be supported by evidence of financial capability

15 Applications to be supported by evidence of financial capability

15 Applications to be supported by evidence of financial capability

(1) An application for a petroleum title must be accompanied by evidence of—

(a) the financial capability of the applicant, and

(b) the technical qualifications of the applicant and of the applicant’s technical advisers, and

(c) the ability of the applicant to comply with the provisions of this Act and the regulations relating to the petroleum title for which application is made.

(2), (3) (Repealed)

s 15: Am 2015 No 40, Sch 2 [8] [9].