South Australian Consolidated Regulations

PETROLEUM AND GEOTHERMAL ENERGY REGULATIONS 2000 - REG 59

59—Transitional provisions

Pursuant to section 3(2) of the Schedule of the Act—

            (a)         section 15 of the repealed Act will apply, to the exclusion of the corresponding provisions of the Act, to an application for a petroleum exploration licence received by the Director-General under the repealed Act before 1 March 1999 that has not been finally dealt with under that Act before the commencement of these regulations; and

            (b)         section 18 of the repealed Act will apply, to the exclusion of the corresponding provisions of the Act, in relation to the renewal of—

                  (i)         an exploration licence granted as a petroleum exploration licence under the repealed Act before the commencement of these regulations; and

                  (ii)         an exploration licence granted after the commencement of these regulations pursuant to an application received by the Director-General under the repealed Act before 1 March 1999; and

            (c)         section 32 of the repealed Act will continue to apply to a production licence granted as a petroleum production licence under the repealed Act before the commencement of these regulations so as to allow application to be made under that section for the renewal of the licence at the expiration of its term—

                  (i)         subject to the modification that the term of such a licence will, on its renewal, be an unlimited term (see section 40 of the Petroleum Act 2000 ); but

                  (ii)         without derogating from the operation of section 41 of the Petroleum Act 2000 .