Petroleum Amendment Bill 1996 (Qld)

Queensland

PETROLEUM AMENDMENT BILL 1996

PETROLEUM AMENDMENT BILL 1996

TABLE OF PROVISIONS

Section Page 1 Short title 20.6... 4 2 Actamended ....... 0... cece cnet tte ees 4 3 Insertion of new s 150 (Declaration about certain permits, leases

and licences) .......... eee cece eee ene e tenes 4

150 Declaration about certain permits, leases and licences.......... 4

A BILL FOR

An Act to amend the Petroleum Act 1923

Clause

Clause

Clause

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The Parliament of Queensland enacts—

Short title 1. This Act may be cited as the Petroleum Amendment Act 1996.

Act amended 2. This Act amends the Petroleum Act 1923.

Insertion of new s 150 (Declaration about certain permits, leases and licences)

3. After section 149— insert— 'Declaration about certain permits, leases and licences

"150.(1) This section applies to an authority to prospect, lease, or licence, (a "petroleum interest") granted before or after the commencement of this section for hydrocarbons naturally occurring in association with coal ("coal seam gas").

'(2) To remove any doubt, this Act applies, and is taken always to have applied, to the petroleum interest as if coal seam gas were petroleum.

"(3) Without limiting subsection (2) and to further remove any doubt—

(a) the power of the Governor in Council under this Act to grant an authority to prospect includes, and is taken always to have included, power to grant an authority to prospect for coal seam gas; and

(b) the power of the Governor in Council under this Act to grant a lease includes, and is taken always to have included, power to grant a lease for coal seam gas to the holder of an authority to prospect; and

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(c) the power of the Governor in Council under this Act to grant a licence includes, and is taken always to have included, power to

grant a licence for coal seam gas.