Commonwealth Consolidated Acts

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 566A

    In this Chapter:

"approval period" , for a change in control of a registered holder of a title, means the period:

  (a)   starting on the day the notice of approval for the change in control is given; and

  (b)   ending at the earliest of the following:

  (i)   immediately after the change in control takes effect;

  (ii)   if the approval of a change in control is revoked--when the notice of revocation is given;

  (iii)   9 months after the day the notice of approval is given.

"change in control" : see subsection   566B(4).

"control" : see subsection   566B(1).

"Register" :

  (a)   in relation to a change in control of a registered holder of any of the following, means the Register kept under section   469:

  (i)   a petroleum exploration permit;

  (ii)   a petroleum retention lease;

  (iii)   a petroleum production licence;

  (iv)   an infrastructure licence;

  (v)   a pipeline licence;

  (b)   in relation to a change in control of a registered holder of any of the following, means the Register kept under section   521:

  (i)   a greenhouse gas assessment permit;

  (ii)   a greenhouse gas holding lease;

  (iii)   a greenhouse gas injection licence.

"title" means:

  (a)   a petroleum exploration permit; or

  (b)   a petroleum retention lease; or

  (c)   a petroleum production licence; or

  (d)   an infrastructure licence; or

  (e)   a pipeline licence; or

  (f)   a greenhouse gas assessment permit; or

  (g)   a greenhouse gas holding lease; or

  (h)   a greenhouse gas injection licence.