Petroleum (Timor Sea Treaty) Act 2003

Schedule 1 - Timor Sea Treaty  

Note: This is the copy of the Treaty referred to in the definition of Treaty in subsection 5(1) of this Act.


Annex D under Article 6(c)(ii) of this Treaty  

Powers and Functions of the Joint Commission

1. The powers and functions of the Joint Commission shall include:

  • (a) giving directions to the Designated Authority on the discharge of its powers and functions;
  • (b) conferring additional powers and functions on the Designated Authority;
  • (c) adopting an interim Petroleum Mining Code pursuant to Article 7(b) of the Treaty, if necessary;
  • (d) approving financial estimates of income and expenditure of the Designated Authority;
  • (e) approving rules, regulations and procedures for the effective functioning of the Designated Authority;
  • (f) designating the Designated Authority for the period referred to in Article 6(b)(i);
  • (g) at the request of a member of the Joint Commission inspecting and auditing the Designated Authority's books and accounts or arranging for such an audit and inspection;
  • (h) approving the result of inspections and audits of contractors' books and accounts conducted by the Joint Commission;
  • (i) considering and adopting the annual report of the Designated Authority;
  • (j) of its own volition or on recommendation by the Designated Authority, in a manner not inconsistent with the objectives of this Treaty amending the Petroleum Mining Code to facilitate petroleum activities in the JPDA;
  • 2. The Joint Commission shall exercise its powers and functions for the benefit of the peoples of Australia and East Timor having regard to good oilfield, processing, transport and environmental practice.

    This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.