14Term of licence

##### 14. Term of licence (1) Subject to this Part, a licence remains in force indefinitely. (2) Subsection (1) applies to pipeline licences in force immediately before the commencement of section 176 of the amending Act as well as to pipeline licences granted on or after the commencement of that section. (3) In subsection (2), a reference to a pipeline licence in force is to be read as including a reference to — (a) a pipeline licence in force as a result of being renewed under section 11 as in force before its deletion by section 175 of the amending Act; and (b) a pipeline licence deemed to be in force under section 11(7) as in force before that deletion. (4) In subsections (2) and (3) — amending Act means the *Petroleum and Energy Legislation Amendment Act 2010*. [Section 14 inserted: No. 42 of 2010 s. 176.]