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This is a Bill, not an Act. For current law, see the Acts databases.
South Australia
Petroleum and Geothermal Energy (Transitional Licences)
Amendment Bill 2012
A BILL FOR
An Act to amend the Petroleum
and Geothermal Energy Act 2000.
Contents
Part 1—Preliminary
1Short
title
2Commencement
3Amendment
provisions
Part 2—Amendment of Petroleum and
Geothermal Energy Act 2000
4Amendment of section
82—Consolidation of licence areas
5Amendment of section
83—Division of licence areas
6Amendment of Schedule—Transitional
provisions
Schedule 1—Transitional
provisions
1Transitional provisions
The Parliament of South Australia enacts as
follows:
This Act may be cited as the Petroleum and Geothermal Energy
(Transitional Licences) Amendment Act 2012.
(1) Subject to
subsection (2), this
Act will come into operation on assent.
(2) Section 6 will
be taken to have come into operation on 25 September 2000.
In this Act, a provision under a heading referring to the amendment of a
specified Act amends the Act so specified.
Part 2—Amendment
of Petroleum and Geothermal Energy
Act 2000
4—Amendment
of section 82—Consolidation of licence areas
Section 82(2)—delete subsection (2) and
substitute:
(2) If a licence or
licences have already been issued for 1 or more of the licence areas to be
consolidated, the Minister may—
(a) vary the licence or licences, and provide for or vary such terms and
conditions attaching to the licence or licences as the Minister considers
appropriate in view of the consolidation; or
(b) amalgamate 2 or more licences, and provide for such terms and
conditions attaching to the amalgamated licence as the Minister considers
appropriate in view of the consolidation.
(2a) The rights of the holder of a licence under
subsection (2) are
not to be more extensive than those existing under the relevant licence or
licences immediately before any variation or amalgamation under that
subsection.
5—Amendment
of section 83—Division of licence areas
Section 83—after subsection (2) insert:
(2a) The rights of the holder of the licence issued under
subsection (2) are not to be more extensive than those existing under the
relevant licence immediately before any division under this section.
6—Amendment
of Schedule—Transitional provisions
Schedule, section 4—after subsection (3) insert:
(4) Without limiting a preceding subsection—
(a) the provisions of section 32 of the repealed Act will apply in
relation to the renewal of a transitional licence; and
(b) if a transitional licence is—
(i) amalgamated or replaced under section 82; or
(ii) divided under section 83,
then—
(iii) any licence arising from the action taken under the relevant section
will be taken to be a transitional licence; and
(iv) the provisions of section 32 of the repealed Act will apply in
relation to the renewal of any licence arising from the action taken under the
relevant section.
(5) The following additional provisions will apply in relation to a
petroleum production licence to which the Cooper
Basin (Ratification) Act 1975 applies:
(a) the term of a licence is 31 years with a right of renewal from
time to time of 21 years; and
(b) subsection (4) will apply in relation to the amalgamation,
replacement or division of any such licence.
Schedule 1—Transitional
provisions
(1) In this clause—
principal Act means the Petroleum
and Geothermal Energy Act 2000.
(2) Subsection (2a) of section 82 of the principal Act, as
enacted by this Act, will be taken to extend to a consolidation of adjacent
licence areas that occurred before the commencement of this Act and accordingly
to any licence that relates to a consolidated licence area issued under that
section before the commencement of this Act.
(3) Subsection (2a) of section 83 of the principal Act, as
enacted by this Act, will be taken to extend to a division of a licence area
that occurred before the commencement of this Act and accordingly to any licence
that relates to any new licence area issued under that section before the
commencement of this Act.
(4) The term of a licence within the ambit of subsection (4) of
section 4 of the Schedule of the principal Act, as enacted by this Act,
renewed or issued under the principal Act before the commencement of this Act
will be 21 years (subject to any right of renewal under section 32 of
the repealed Act and despite any provision made by regulation under the
principal Act before the commencement of this Act).