Offshore Petroleum Amendment (Greenhouse Gas Storage) Act 2008 (117 of 2008)

Schedule 1   Amendments relating to greenhouse gas storage etc.

Offshore Petroleum Act 2006

171   Section 250

Repeal the section, substitute:

250 Simplified outline

The following is a simplified outline of this Chapter:

* The Designated Authority must keep a Register of petroleum titles and special prospecting authorities.

* A transfer of a petroleum title must be approved by the Designated Authority, and an instrument of transfer must be registered under this Part.

* A dealing in a petroleum title must be approved by the Designated Authority, and the approval must be entered in the Register.