• This Part is about the renewal, or the extension of the term, of a petroleum title, where:
(a) the relevant title area is wholly or partly located in a Commonwealth reserve (within the meaning of the Environment Protection and Biodiversity Conservation Act 1999 ); and
(b) the title was in force immediately before the declaration of the Commonwealth reserve.
• This Part validates a renewal, or an extension of the term, of a petroleum title that:
(a) occurred before 1 January 2016; and
(b) was invalid because consent was not given by the Environment Minister under subsection 359(3) of the Environment Protection and Biodiversity Conservation Act 1999 .
Note 1: Subsection 359(1) of the Environment Protection and Biodiversity Conservation Act 1999 , exempts certain usage rights from:
(a) the regulatory regime in Division 4 of Part 15 of that Act; and
(b) the provisions of a management plan for a Commonwealth reserve.
Note 2: Under subsection 359(3) of the Environment Protection and Biodiversity Conservation Act 1999 , certain usage rights cannot be renewed or extended without the consent of the Environment Minister.