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s 89U

Nature of audit

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Part IIIGeneral provisions relating to petroleum interests
Division 9Audits

89U Nature of audit

An audit under this Division is a periodic or particular documented evaluation of operations or activities conducted under a petroleum interest (including management practices, systems and infrastructure) for any one or more of the following purposes:

(a) to provide information on compliance or otherwise with obligations under the petroleum interest or other related legal requirements under this or any other law (including in relation to the protection of the environment from the impacts of activities under a petroleum interest and remediation and rehabilitation work on account of action taken by the holder of the petroleum interest);

(b)

to provide information on compliance or otherwise with codes of practice or policies relevant to the petroleum interest;

(c)

to enable a determination of whether the way activities are being carried out under the petroleum interest can be improved to achieve better compliance with this Act or to provide greater consistency with the objects of this Act.

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Section 89U — Nature of audit — Petroleum Act 1984 (Northern Territory) — Barrister AI