Petroleum (Submerged Lands) Act 1981
128Suspension of rights conferred by permit
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128 Suspension of rights conferred by permit (1) Where the Minister is satisfied that it is necessary to do so in the public interest, he shall, by notice in writing served on a permittee, suspend, either for a specified period or indefinitely, all or any of the rights conferred by the permit. (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 Minister may, by notice in writing served on the permittee, terminate a suspension of rights under subsection (1). (4) Where rights conferred by a permit are suspended in accordance with subsection (1), the Minister may, by the notice of suspension or by a later notice in writing served on the permittee, extend the term of the permit by a period not exceeding the period of suspension.
Petroleum (Submerged Lands) Act 1981 129