This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on the 28th day after the date of their notification in the Gazette, amend the Crown Minerals (Petroleum) Regulations 2007 (the principal regulations).
The effect of regulation 4, which inserts a definition of permit into the principal regulations, is to make clear that the principal regulations apply only to permits for petroleum.
The effect of regulation 5 is to provide that if a permit is held by more than 1 person, an application to otherwise deal with the permit (as defined in regulation 24 of the principal regulations) need be signed only by the permit holder to whom the dealing directly relates, and not by or on behalf of other permit holders. Regulation 6 amends the relevant form accordingly.
Date of notification in Gazette: 14 May 2009.
These regulations are administered by the Ministry of Economic Development.