Crown Minerals (Petroleum) Amendment Regulations 2009

2009/126

Crest

Crown Minerals (Petroleum) Amendment Regulations 2009

Anand Satyanand, Governor-General

Order in Council

At Wellington this 11th day of May 2009

Present:
His Excellency the Governor-General in Council

Pursuant to section 105 of the Crown Minerals Act 1991, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following regulations.

Regulations

1 Title
  • These regulations are the Crown Minerals (Petroleum) Amendment Regulations 2009.

2 Commencement
  • These regulations come into force on the 28th day after the date of their notification in the Gazette.

3 Principal regulations amended
4 Interpretation
  • Regulation 3(1) is amended by inserting the following definition in its appropriate alphabetical order:

    permit means a permit in respect of petroleum.

5 Application for permit holder to transfer, lease, or otherwise deal with permit
  • Regulation 24 is amended by inserting the following subclause after subclause (3):

    • (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.

6 Schedule 1 amended
  • The final footnote of form 3 of Schedule 1 is amended by adding However, under regulation 24(3A) of those regulations, an exception applies if the application is for the Minister's consent to otherwise deal with a permit. In this case, only the permit holder to whom the dealing directly relates is required to sign the application.

Michael Webster,
for Clerk of the Executive Council.


Explanatory note

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.


Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notification in Gazette: 14 May 2009.

These regulations are administered by the Ministry of Economic Development.