57Tribunal to balance interests

57 Tribunal to balance interests (1) This regulation applies when the Tribunal is considering a matter that relates to: (a) the creation or variation of an access agreement under this Part; or

Petroleum Regulations 2020 37 (b) a dispute between the parties about the operation or effect of an access agreement. (2) The Tribunal must seek to find a reasonable balance between the interests of an interest holder and the interests of a designated person. (3) In seeking to find the reasonable balance, the Tribunal must ensure that the interest holder is not prevented from carrying out any operations: (a) authorised under the relevant petroleum interest in a manner that is consistent with, or authorised by or under, the Act, any Regulations under the Act, or a condition of an exploration permit or licence; or (b) required by or under the Act, any Regulations under the Act, or a condition of an exploration permit or a licence; or (c) required by or under any other Act or law. (4) Subregulation (3) does not derogate from the requirement to have an access agreement in place in accordance with these Regulations.