Queensland Consolidated Acts

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PETROLEUM ACT 1923 - SECT 79VE

79VE Compensation not affected by change in ownership or occupancy

(1) A conduct and compensation agreement or a Land Court decision under this part is for the benefit of, and is taken to have been agreed to or decided for and is binding on, the following—

(a) the relevant eligible claimant;
(b) the 1923 Act petroleum tenure holder;
(c) each of their successors and assigns including successors and assigns for the area of the relevant 1923 Act petroleum tenure.

(2) Subsection (1) is subject to section 79VC.


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