Purposes for which Authority may explore or mine for petroleum or minerals
44 Purposes for which Authority may explore or mine for petroleum or minerals
The Authority may declare that it intends to explore for, or carry on operations for the recovery of—
petroleum in a petroleum exploration area; or
minerals in a minerals exploration area,
for a specified purpose, being a purpose of a kind referred to in paragraph 9(1)(c) or(d).
A declaration under sub-section (1) in respect of a petroleum exploration area or minerals exploration area may be included in a notice in respect of the area under sub-section 43(2) or in a separate notice published in the Gazette.
The Authority may, by notice published in the Gazette, vary or revoke a declaration under sub-section (1).
Property in petroleum and minerals.
This Act’s bill:Second reading speech
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