New Zealand Legislation: Regulations
Regulations are laws made under Acts
(1) An application to the Minister under section 41(2) of the Act for the Minister's consent to an agreement that transfers or leases a permit must be—
(a) in form 3 of Schedule 1; and
(b) signed by the permit holder; and
(c) lodged with the Secretary.
(2) An application under subclause (1) must be accompanied by—
(a) the prescribed fee or evidence of it having been paid; and
(b) the reference number of the permit concerned; and
(c) the name of the permit holder; and
(d) the particulars of any proposed new operator of the permit; and
(e) the particulars of any proposed new permit holder for the permit; and
(f) if any proposed new permit holder is a New Zealand company, the address of its registered office and the unique number assigned to the company on its incorporation (commonly referred to as its Companies Office number); and
(g) if any proposed new permit holder is 2 or more persons, an explanation of each person's proposed interest in the permit; and
(h) a statement setting out the reasons why, in the permit holder's opinion, the Minister should consent to the agreement being entered into that includes details of the technical qualifications and financial resources of any proposed new permit holder; and
(i) an executed copy of the agreement that requires the Minister's consent.
(3) An application to the Minister under section 41(2) of the Act for the Minister's consent to an agreement to otherwise deal with a permit must be—
(a) in form 3 of Schedule 1; and
(b) signed by the permit holder; and
(c) lodged with the Secretary.
(3A) If the permit holder is more than 1 person, regulation 6(2) is satisfied, for the purposes of subclause (3) of this regulation, if the application is signed by the permit holder to whom the dealing directly relates.
(4) An application under subclause (3) must be accompanied by—
(a) the prescribed fee or evidence of it having been paid; and
(b) the reference number of the permit concerned; and
(c) the name of the permit holder; and
(d) a statement setting out the reasons why, in the permit holder's opinion, the Minister should consent to the dealing; and
(e) an executed copy of the agreement that requires the Minister's consent.
(5) For the purposes of this regulation, otherwise deal with a permit includes—
(a) creating any interest in or affecting any existing or future permit (other than by a transfer or lease of a permit); or
(b) transferring or otherwise dealing, either directly or indirectly, with any interest in or affecting any existing or future permit (other than by a transfer or lease of a permit); or
(c) imposing any obligation on the permit holder which relates to or affects the production of petroleum from the land to which the permit relates or the proceeds of the production (other than by a transfer or lease of the permit).
Regulation 24(3A): inserted, on 11 June 2009, by regulation 5 of the Crown Minerals (Petroleum) Amendment Regulations 2009 (SR 2009/126).
