Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A petroleum exploration permittee may apply to the Titles Administrator for the renewal by the Joint Authority of the permit in relation to such of the blocks the subject of the permit as are specified in the application.
Note 1: Part 2.10 contains additional provisions about application procedures.
Note 2: Section 256 requires the application to be accompanied by an application fee.
(2) Subsection (1) has effect subject to the following provisions:
(a) section 120 (non - renewable cash - bid petroleum exploration permits);
(b) section 121 (limit on renewal of cash - bid petroleum exploration permits);
(c) section 122 (limits on renewal of work - bid petroleum exploration permits and special petroleum exploration permits);
(ca) section 122A (limits on renewal of boundary - change petroleum exploration permits);
(d) section 123 (standard halving rules);
(e) section 124 (modified halving rules).
(2A) An application under this section must:
(a) be in the approved form; and
(b) be accompanied by any information or documents required by the form.
(2B) If the approved form requires the application to be accompanied by information or documents, an application under this section is taken to be accompanied by the information or documents if the information or documents are given to the Titles Administrator before the expiry date of the permit.
(2C) For the purposes of subsection (2B), disregard the effect of subsection (5).
(3) An application to renew a petroleum exploration permit must be made at least 90 days before the expiry date of the permit.
(4) Despite subsection (3), the Titles Administrator may accept an application to renew a petroleum exploration permit if the application is made:
(a) later than 90 days before the expiry date of the permit; and
(b) before the expiry date of the permit.
Extension of duration of petroleum exploration permit pending decision on application
(5) If:
(a) a petroleum exploration permittee makes an application to renew the permit; and
(b) the permit would, apart from this subsection, expire:
(i) before the Joint Authority grants, or refuses to grant, the renewal of the permit; or
(ii) before the application lapses as provided by section 260;
the permit continues in force:
(c) until the Joint Authority grants, or refuses to grant, the renewal of the permit; or
(d) until the application so lapses;
whichever happens first.
(6) Subsection (5) has effect subject to this Chapter but despite section 102.
Note: See the notes at the end of section 102.