Western Australian Consolidated Acts

PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 54A

54A .         Termination of licence if no operations for 5 years

        (1)         If a licence is in force under section 53(1)(c) or (2) and the licensee has not carried on any operations for the recovery of petroleum under the licence at any time during a continuous period of at least 5 years, the Minister may, by written notice served on the licensee, inform the licensee that the Minister proposes to terminate the licence after the end of the period of one month after the notice is served.

        (2)         At any time after the end of the period of one month after the notice referred to in subsection (1) is served on the licensee, the Minister may, by written notice served on the licensee, terminate the licence.

        (3)         In working out for the purposes of subsection (1) the duration of the period in which no operations for the recovery of petroleum were carried on under a licence, any period in which no such operations were carried on because of circumstances beyond the licensee’s control is to be disregarded.

        [Section 54A inserted by No. 42 of 2010 s. 108.]