Commonwealth Consolidated Acts Commonwealth Consolidated ActsScope
(1) This section applies if a transfer of a petroleum production licence is registered under section 479:
(a) after an application has been made under section 147 for the grant of a petroleum retention lease over a block or blocks in relation to which the petroleum production licence is in force; and
(b) before any action has been taken by the Joint Authority under section 148 or 149 in relation to the application.
Transferee to be treated as applicant
(2) After the transfer, sections 147 to 150 and Part 2.10 have effect in relation to the application as if any reference in those sections and that Part to the applicant were a reference to the transferee.