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PETROLEUM (SUBMERGED LANDS) (MANAGEMENT OF WELL OPERATIONS) REGULATIONS 2004 2004 No. 344 - REG 16

Termination of well operations management plan

An accepted well operations management plan ceases to have effect at the earliest of:

(a)
when the titleholder withdraws the well operations management plan; and

(b)
when the Designated Authority accepts another well operations management plan that replaces the well operations management plan; and

(c)
when the Designated Authority withdraws its acceptance of the well operations management plan under Part 5; and

(d)
the end of the period of 5 years starting when the well operations management plan was accepted;

whether or not the well operations management plan has been varied since being accepted.

Note    An effect of paragraph (d) is that a titleholder will be required to submit another well operations management plan to the Designated Authority after 5 years because the existing well operations management plan has ceased to have effect.



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