Petroleum tenures
318AI Petroleum tenures
A petroleum lease is a petroleum lease under the Petroleum Act 1923 or the Petroleum and Gas (Production and Safety) Act.
An authority to prospect is an authority to prospect under the Petroleum Act 1923 or the Petroleum and Gas (Production and Safety) Act.
A petroleum tenure is an authority to prospect or a petroleum lease.
However, for parts 1 to 7—
a petroleum lease does not include a petroleum lease under the Petroleum and Gas (Production and Safety) Act to which the Common Provisions Act, chapter 4, applies; and
an authority to prospect does not include an authority to prospect under the Petroleum and Gas (Production and Safety) Act to which the Common Provisions Act, chapter 4, applies.
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