Land in a 1923 Act petroleum tenure’s area taken before the commencement
191 Land in a 1923 Act petroleum tenure’s area taken before the commencement
This section applies if—
land in a 1923 Act petroleum tenure’s area was taken under a resumption law before the commencement; and
at the commencement, the entity taking the land has not taken action indicating the 1923 Act petroleum tenure was extinguished (wholly or partly) when the land was taken.Examples of action for paragraph (b)—
• serving a copy of the resumption notice for the taking of the land on the 1923 Act petroleum tenure holder (in the holder’s capacity as the holder of the tenure)
• entering into a resumption agreement under the ALA with the 1923 Act petroleum tenure holder for the taking of the land
• negotiating, or taking other action relating to, the compensation payable to the 1923 Act petroleum tenure holder for the taking of the land
• paying compensation to the 1923 Act petroleum tenure holder for the taking of the land
• arranging for the taking of the land to be recorded in the petroleum register against the 1923 Act petroleum tenure
The taking of the land did not extinguish (wholly or partly) the 1923 Act petroleum tenure or any other 1923 Act petroleum interest relating to the tenure.
Subsection (2) does not affect the ending of a 1923 Act petroleum interest (wholly or partly) in any other way, including, for example—
by the entity taking the land acquiring the 1923 Act petroleum interest (wholly or partly) under a separate commercial agreement or other arrangement with the holder of the interest; or
by the 1923 Act petroleum interest holder surrendering the interest (wholly or partly) under this Act.
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