s 117AY
In forceRelease and extension
Part VCFinancial assurance framework
Division 3Petroleum infrastructure decommissioning securities
117AY Release and extension
The Minister may release an interest holder from a petroleum infrastructure decommissioning security when satisfied:
(a)
that all obligations to which the security relates are satisfied and that the relevant decommissioning satisfied all relevant regulatory requirements; or
(b) that it is appropriate to provide a release in the particular case.
Research tools for this sectionPro
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.