Western Australian Consolidated Acts

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PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 29

29 .         Term of permit

        (1)         Subject to this Part, a permit remains in force —

            (a)         in the case of a permit granted otherwise than by way of the renewal of a permit, for a period of 6 years commencing on the day on which the permit is granted or, if a later day is specified in the permit as being the day on which the permit is to come into force, on that later day; and

            (b)         in the case of a permit granted by way of the renewal of a permit, for a period of 5 years commencing on the day on which the permit is granted or, if a later day is specified in the permit as being the day on which the permit is to come into force, on that later day.

        (2)         If —

            (a)         a permit in respect of a block or blocks cannot be renewed or further renewed; and

            (b)         before the time when the permit would, apart from this subsection, expire, the permittee has duly made an application to the Minister for the grant of a lease or licence in respect of the block, or one or more of the blocks, being a block or blocks that are included in a location,

                the permit continues in force in respect of the block or blocks to which the application relates until —

            (c)         if the Minister tells the permittee that the Minister is prepared to grant to the permittee a lease or licence in respect of the block or one or more of the blocks — such a lease or licence is granted, the permittee withdraws the application or the application lapses; or

            (d)         if the Minister decides not to grant to the permittee such a lease — the end of the period of one year after the day of the service under section 38B(2) or (3A) of the instrument or notice refusing to grant the lease; or

            (e)         if the Minister decides not to grant to the permittee such a licence — notice of the decision is served on the permittee.

        [Section 29 amended by No. 12 of 1990 s. 170; No. 42 of 2010 s. 84.]



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