Petroleum Act 1923

A 1923 Act petroleum tenure holder must, before the decommissioning day, decommission, in the way prescribed under a regulation, any pipeline in the area of the tenure.Maximum penalty—1,000 penalty units.

However, subsection (1) does not apply if—

the pipeline was constructed or operated under another 1923 Act petroleum tenure or 2004 Act petroleum tenure and the pipeline has not, since its construction, operated under the holder’s tenure; and

the pipeline is operated as an authorised activity for a 1923 Act petroleum tenure or a 2004 Act petroleum tenure.

In this section—decommissioning day means the later of the following days—

the earlier of the following—

the day the tenure ends;

the day the land ceases to be in the area of the tenure;

if, before the day provided for under paragraph (a), the Minister fixes a day—that day;

if, before a day fixed under paragraph (b), the Minister fixes a later day—that day.