Offshore Petroleum and Greenhouse Gas Storage Legislation Amendment Act 2009 (102 of 2009)

Schedule 1   Amendments

Part 15   Registration of transfers of, and dealings in, petroleum titles

Offshore Petroleum and Greenhouse Gas Storage Act 2006

80   At the end of section 489

Add:

(6) If:

(a) a dealing (including a dealing referred to in section 468) creates a charge over some or all of the assets of a body corporate; and

(b) the dealing does not relate to a referable title; and

(c) a person applies for approval of the dealing; and

(d) the application is accompanied by 2 copies of each document required to be lodged with the Australian Securities and Investments Commission under section 263 of the Corporations Act 2001 in relation to the creation of the charge;

the person is taken to have complied with:

(e) subsection (1); and

(f) subsection (4A) in so far as that subsection requires a copy, or an additional copy, of the instrument referred to in subsection (1) to accompany the application.