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Section 38J - Petroleum (Submerged Lands) Act 1967 - Discovery of petroleum to be notified — Zoe

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Petroleum (Submerged Lands) Act 1967

38JDiscovery of petroleum to be notified

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#### 38J Discovery of petroleum to be notified (1) Where petroleum is discovered in a lease area, the lessee: (a) shall forthwith inform the Designated Authority of the discovery; and (b) shall, within a period of 3 days after the date of the discovery, furnish to the Designated Authority particulars in writing of the discovery. Penalty: 100 penalty units.

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