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Petroleum Act 1981 (NT)

Category: Legislation
Sub Category:Legislation
Place:
State/Country:Northern Territory, Australia
Alternative Names:
  • Petroleum (Submerged Lands) Act 1981 (NT)
  • Subject Matter:Oil and Gas | Petroleum
    URL: http://www.austlii.edu.au/au/legis/nt/consol_act/pa137/
    Summary Information:
    The Petroleum Act 1981 (NT) is an Act to regulate the exploration for, and the production of, petroleum (long title).

    The objective of this Act is to provide a legal framework within which persons are encouraged to undertake effective exploration for petroleum and to develop petroleum production so that the optimum value of the resource is returned to the Territory.

    Related Entries

    Agreement
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