Commonwealth Consolidated Acts

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 775D

Obligations of titleholders

  (1)   If:

  (a)   this Act, or a legislative instrument under this Act, imposes an obligation on the registered holder of a petroleum title; and

  (b)   there are 2 or more registered holders of the petroleum title;

the obligation is imposed on each of the registered holders, but may be discharged by any of the registered holders.

  (2)   The regulations may exempt a specified obligation from the scope of subsection   (1).

Definition

  (3)   In this section:

"petroleum title" means:

  (a)   a petroleum exploration permit; or

  (b)   a petroleum retention lease; or

  (c)   a petroleum production licence; or

  (d)   an infrastructure licence, where the infrastructure facility to which the licence relates is a facility, structure or installation for engaging in any of the activities to which subsection   15(2) applies; or

  (e)   a pipeline licence, where the pipeline to which the licence relates is a petroleum pipeline; or

  (f)   a petroleum special prospecting authority; or

  (g)   a petroleum access authority.