If an event specified in the table happens, the Titles Administrator must enter in the relevant Register a memorial of the fact.
Cessation of title etc. | |
Item | Event |
1 | A petroleum exploration permit or petroleum retention lease ceases to be in force over a block in relation to which a petroleum production licence is granted. |
2 | A petroleum exploration permit ceases to be in force over a block in relation to which a petroleum retention lease is granted. |
3 | A petroleum exploration permit is wholly or partly revoked. |
4 | A petroleum retention lease is wholly or partly revoked otherwise than under section 158. |
5 | A petroleum exploration permit, petroleum retention lease, petroleum production licence, petroleum special prospecting authority or petroleum access authority expires. |