(1) The table has effect:
Acceptance of offer by applicant | |||
Item | Column 1 | Column 2 | Column 3 |
| If an offer document relates to an application for the grant of... | the applicant may, within... | by written notice given to the Titles Administrator, request the Joint Authority to grant the applicant... |
1 | a work - bid petroleum exploration permit | whichever of the following periods is applicable: (a) 30 days after the offer document was given to the applicant; (b) such longer period, not more than 60 days after the offer document was given to the applicant, as the Titles Administrator allows; | the permit. |
2 | a cash - bid petroleum exploration permit | 14 days after the offer document was given to the applicant, | the permit. |
3 | whichever of the following periods is applicable: (a) 90 days after the offer document was given to the applicant; (b) such longer period, not more than 180 days after the offer document was given to the applicant, as the Titles Administrator allows; | the permit. | |
4 | the renewal of a petroleum exploration permit | 30 days after the offer document was given to the applicant, | the renewal of the permit. |
5 | whichever of the following periods is applicable: (a) 30 days after the offer document was given to the applicant; (b) such longer period, not more than 60 days after the offer document was given to the applicant, as the Titles Administrator allows; | the lease. | |
6 | the renewal of a petroleum retention lease | 30 days after the offer document was given to the applicant, | the renewal of the lease. |
7 | whichever of the following periods is applicable: (a) 90 days after the offer document was given to the applicant; (b) such longer period, not more than 180 days after the offer document was given to the applicant, as the Titles Administrator allows; | the licence. | |
8 | the renewal of a petroleum production licence | 30 days after the offer document was given to the applicant, | the renewal of the licence. |
9 | whichever of the following periods is applicable: (a) 90 days after the offer document was given to the applicant; (b) such longer period, not more than 180 days after the offer document was given to the applicant, as the Titles Administrator allows; | the licence. | |
10 | whichever of the following periods is applicable: (a) 90 days after the offer document was given to the applicant; (b) such longer period, not more than 180 days after the offer document was given to the applicant, as the Titles Administrator allows; | the licence. |
Longer periods
(2) The Titles Administrator may allow a longer period under paragraph (b) of column 2 of item 1 or 5 of the table only on written application made by the applicant within the period of 30 days mentioned in paragraph (a) of that column.
(3) The Titles Administrator may allow a longer period under paragraph (b) of column 2 of item 3, 7, 9 or 10 of the table only on written application made by the applicant within the period of 90 days mentioned in paragraph (a) of that column.
Application lapses if request not made within the applicable period
(4) If an applicant does not make a request under an item of the table, except item 2, within the period applicable under column 2 of the table, the application lapses at the end of that period.
Note: For the failure to request the grant of cash - bid petroleum exploration permits under item 2 of the table, or the failure to pay for such permits, see section 260A.