CTHRepealedAct
Petroleum (Submerged Lands) Act 1967
103ASuspension of rights conferred by permit or lease
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#### 103A Suspension of rights conferred by permit or lease
(1) Where the Joint Authority is satisfied that it is necessary to do so in the national interest, it shall, by instrument in writing served on the permittee or lessee, suspend, either for a specified period or indefinitely, all or any of the rights conferred by the permit or lease.
(2) Where any rights are suspended in accordance with subsection (1), any conditions required to be complied with in the exercise of those rights are also suspended.
(3) The Joint Authority may, by instrument in writing served on the permittee or lessee, terminate a suspension of rights under subsection (1).
(4) Where rights conferred by a permit or lease are suspended in accordance with subsection (1), the Joint Authority may, by the instrument of suspension or by a later instrument in writing served on the permittee or lessee, extend the term of the permit or lease by a period not exceeding the period of the suspension.
(5) If an instrument under this section results in the acquisition of property from a person, being an acquisition of property within the meaning of paragraph 51(xxxi) of the Constitution, the Commonwealth is liable to pay to that person such compensation as is determined by agreement between the Commonwealth and that person or, in the absence of agreement, by action brought by that person against the Commonwealth in the High Court or the Supreme Court of, or having jurisdiction in, the State or Territory in relation to which the Joint Authority concerned is established.
(6) For the purposes of subsection (5):
(a) the Commonwealth‑Northern Territory Off‑shore Petroleum Joint Authority; and
(b) the Greater Sunrise Off‑shore Petroleum Joint Authority;
are taken to have been established in relation to the Northern Territory.