Commonwealth Consolidated Acts

OFFSHORE MINERALS ACT 1994 - SECT 314

  (1)   Subject to subsection   (2), if:

  (a)   a person was:

  (i)   a works licence holder; or

  (ii)   an associate of a works licence holder; and

  (b)   the licence:

  (i)   expires; or

  (ii)   is cancelled; or

  (iii)   is surrendered; and

  (c)   an obligation associated with the licence arising out of:

  (i)   a licence condition; or

  (ii)   a direction given under section   387 by the Designated Authority in relation to the licence; or

  (iii)   this Act or the regulations;

    has not been discharged; and

  (d)   the person was bound by that obligation when the person was the works licence holder or an associate;

the person remains bound by the obligation until the obligation is discharged.

  (2)   The Joint Authority may determine that the person is not subject to:

  (a)   a particular obligation under this section; or

  (b)   all the person's remaining obligations under this section.

  (3)   A determination under subsection   (2) is to be in writing.