What are the transitional notional sub-blocks of an authority to prospect
172 What are the transitional notional sub-blocks of an authority to prospect
The transitional notional sub-blocks, of an authority to prospect, are the sub-blocks stated in the instrument for the authority at the start of its current term.
However, the transitional notional sub-blocks do not include any sub-block stated in the instrument that is completely within the area of a lease under this Act or a 2004 Act lease.
For subsection (1), if the instrument—
states that the authority’s area includes land within a block; but
does not include or exclude any particular sub-block within that block;
the reference to the block is a reference to all sub-blocks within the block, other than any sub-block that is completely within the area of another 1923 Act petroleum tenure or a 2004 Act petroleum tenure.
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