INQUIRY INTO PETROLEUM (ONSHORE) AMENDMENT (CANCELLATION OF ZOMBIE PETROLEUM EXPLORATION LICENCES) BILL 2021

Activity: End user engagement and expertiseGovernment or international organisation inquiry submission

Description

The objectives of the Petroleum (Onshore) Amendment (Cancellation of Zombie Petroleum Exploration Licences) Bill 2021 are twofold: first, to provide for the expiry of petroleum exploration licences at the end of their respective term unless renewed and second, to cancel exploration licences remaining in force due to a pending renewal application.
The Submission focuses on aspects of agricultural land preservation, since there are particular risks associated with petroleum exploration licences remaining dormant for substantial periods of time.
PeriodMay 2021
Work forNSW Parliament. Legislative Assembly , Australia
Degree of RecognitionNational