Petroleum Act 1923

This section applies to the holder of any 1923 Act petroleum tenure under which petroleum production is carried out before 30 June 2005.

The holder must, within 12 months after 31 December 2004, lodge at the following office a statement about the need to have an underground water impact report for the tenure—

the office of the department for lodging the statement, as stated in a gazette notice by the chief executive;

if no office is gazetted under paragraph (a)—the office of the chief executive.

The chief executive may, after considering the statement, decide whether an underground water impact report is required for the tenure.

The chief executive may require the holder to give the chief executive further information to enable the chief executive to make a decision under subsection (3).

If the chief executive decides an underground water impact report is not required, sections 75IM and 75IX are taken never to have applied to the holder.

If the chief executive decides an underground water impact report is required, the chief executive may decide a reasonable time by which the report must be lodged.

If, under subsection (6), the chief executive decides a time, section 75IM is taken not to apply to the holder until that time.

A decision under this section has no effect until the holder is given notice of it.