67
CurrentTerm of the pipeline licence
Part 3Mining for petroleum
Division 4Pipeline licences
67 Term of the pipeline licence
(1)
Subject to this part, a pipeline licence remains in force—
(a)
for a period of 21 years; or
(b)
where the Minister is of the opinion that having regard to the dates of expiration of the licences that relate to the licence areas from which petroleum is, or is to be, conveyed by means of the pipeline, it is not necessary for the pipeline licence to remain in force for a period of 21 years—for such period less than 21 years as the Minister determines and specifies in the pipeline licence.
(2)
The period for which a pipeline licence remains in force commences on the day on which the pipeline licence is granted.
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