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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 186A

Time limit for making decision about renewal of fixed - term petroleum production licence

  (1)   The Joint Authority must make a decision under section   185 or 186, in relation to an application under section   184, within the period that:

  (a)   begins when the application was made; and

  (b)   runs for:

  (i)   if a written agreement between the applicant and the Joint Authority in relation to the application specifies a number of days for the purposes of this subparagraph--that number of days; or

  (ii)   if no such agreement is in force--the prescribed number of days.

  (2)   The Joint Authority is not required to comply with subsection   (1) unless a number of days is prescribed for the purposes of subparagraph   (1)(b)(ii).

  (3)   The applicant and the Joint Authority may vary or terminate an agreement referred to in subparagraph   (1)(b)(i).

  (4)   A failure to comply with subsection   (1) in relation to a decision does not affect the validity of the decision.

Note:   See also sections   286B and 286C.



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