New South Wales Consolidated Acts

PETROLEUM (ONSHORE) ACT 1991 - SECT 94B

94B Meaning of "grant anniversary date"

(1) In this Part, a
"grant anniversary date" means an anniversary of the date on which a petroleum title is granted.

(2) To avoid doubt, a reference in this Part to a grant anniversary date occurring during the term of a petroleum title includes any part of the term of a petroleum title occurring after the term for which the petroleum title as granted or renewed was due to expire but during which the petroleum title continues in force under section 20.

Note : Section 20 provides that if an application for renewal of a petroleum title has not been withdrawn or finally disposed of before the date on which the term of the title expires, it continues in force until the application is withdrawn or otherwise finally disposed of.