Petroleum lease application for all of the land
318BH Petroleum lease application for all of the land
This section applies if the preference is for all of the land and, within the petroleum lease application period, the authority to prospect holder applies for a lease for all of the land.
A further step can not be taken to decide the mining lease application until after the petroleum lease application has been decided.
Note—
See, however, Petroleum and Gas (Production and Safety) Act, chapter 3, part 2, division 3 (Petroleum lease applications in response to Mineral Resources Act preference decision).
If the decision on the petroleum lease application is to grant a petroleum lease for all of the land, the mining lease application is taken to have lapsed, unless the petroleum lease applicant has consented in writing to the application.
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.