What it does
This Act gives statutory effect in Australian law to a set of transitional and domestic measures that implement aspects of the Timor Sea Treaty and to preserve continuity between an earlier, joint Timor Gap regime and the regime under the Treaty. Mechanically the Act does the following.
- It names the Act Petroleum (Timor Sea Treaty) Act 2003 (s 1).
- It fixes commencement dates for specific provisions, including expressed retroactive commencement for several provisions to 20 May 2002 where the table so indicates, and for other provisions to the day of Royal Assent (s 2 and the commencement table). The table itself is part of the Act as originally passed but the Act states the table is limited to provisions as originally passed and will not be expanded to deal with inserted provisions after assent (s 2).
- It imports defined concepts from the Timor Sea Treaty and sets the JPDA definition by reference to Article 3 of the Treaty; the Treaty is defined as the Timor Sea Treaty done at Dili on 20 May 2002, “as in force immediately before the commencement of Schedule 1 to the Timor Sea Maritime Boundaries Treaty Consequential Amendments Act 2019” (s 5(1)). It also provides that any word or expression defined in the Treaty has the same meaning when used in this Act, unless a contrary intention appears (s 5(2)). This makes the Treaty an interpretive source for meaning throughout the Act.
- It contains transitional provisions that (a) allow the Designated Authority to determine that approvals to prospect or undertake petroleum activities in the JPDA, and production sharing contracts entered into by the Designated Authority, are to be taken to have had effect on and from 20 May 2002 for the purposes of this Act (s 22); (b) allow the Joint Commission to adopt an interim Petroleum Mining Code and to determine that the interim code is to be taken to have had effect on and from 20 May 2002 for the purposes of this Act (s 23); and (c) treat acts, regulations, directions and inspector activity that the former Joint Authority purported to do on or after 20 May 2002 under the former Petroleum Mining Code as having been done by the Designated Authority or an inspector appointed under the new Petroleum Mining Code for the purposes of this Act (s 24(1)-(3)).