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Section 38D - Petroleum (Submerged Lands) Act 1967 - Term of lease — Zoe

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Petroleum (Submerged Lands) Act 1967

38DTerm of lease

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#### 38D Term of lease Subject to this Part, a lease (whether granted by way of renewal of a lease or otherwise) remains in force for a period of 5 years commencing on the day on which the lease was granted or, if a later day is specified in the lease as being the day on which the lease is to come into force, on that later day.

Previous section38CRights conferred by lease Next section38ENotice of intention to cancel lease