97CReports

97C Reports

97C Reports

(1) The holder of a petroleum title must prepare and lodge reports of all operations carried out under the petroleum title.

Note—

Clause 6 (2) (g) of Schedule 1B provides that reports may also be required by the conditions of a petroleum title.

(2) The regulations may make provision for or with respect to the following—

(a) the content, form or lodgment of the reports,

(b) the exemption of any person, class of persons, petroleum titles or class of petroleum titles from a requirement of this section or the regulations under this section.

(3) A person who fails, without reasonable excuse, to prepare or lodge a report in accordance with this section or the regulations is guilty of an offence.

Maximum penalty—

(a) in the case of a corporation—10,000 penalty units, and, in the case of a continuing offence, a further penalty of 1,000 penalty units for each day that the offence continues, or

(b) in the case of a natural person—2,000 penalty units, and, in the case of a continuing offence, a further penalty of 200 penalty units for each day that the offence continues.

(4) If there is an inconsistency between a condition of a petroleum title and a reporting requirement imposed under this section, the condition prevails to the extent of the inconsistency.

pt 8A (ss 97A–97G): Ins 2015 No 40, Sch 2 [41].