Petroleum Mining Act · 2022 Revised Edition
7. Lapse of application
Official textFrom Attorney General's Chambers, unchanged
If a petroleum mining Agreement is not executed within 6 months after approval of the application by State Party or the period agreed between
petroleum mining Agreement
“petroleum mining Agreement” means an agreement with regard to exploration, prospecting and mining for petroleum or any of them that the State Party enters into under this Act. For the avoidance of doubt, petroleum mining Agreements shall include, without limitation, any licences, leases, concessions, production sharing agreements and service agreements with regard to exploration, prospecting and mining for petroleum or any of them entered into by the State Party in accordance with this Act;
State Party and the applicant the right of the applicant to such petroleum mining Agreement is deemed to have lapsed, unless State Party considers that the delay is not attributable to the fault of the applicant.
State Party
“State Party” means — (a) His Majesty the Sultan and Yang Di-Pertuan in Council; (b) the Government or any of its lawful authorities (including, without limitation, the Secretary to the Council of Ministers or a Minister) designated by His Majesty the Sultan and Yang Di-Pertuan to act on behalf of His Majesty the Sultan and Yang Di-Pertuan in Council; or (c) Petroleum Authority of Brunei Darussalam or any of the Authority’s representatives acting on the Authority’s behalf.
Terms defined in s 2
petroleum mining Agreement
Defined · s 2“petroleum mining Agreement” means an agreement with regard to exploration, prospecting and mining for petroleum or any of them that the State Party enters into under this Act. For the avoidance of doubt, petroleum mining Agreements shall include, without limitation, any licences, leases, concessions, production sharing agreements and service agreements with regard to exploration, prospecting and mining for petroleum or any of them entered into by the State Party in accordance with this Act;
State Party
Defined · s 2“State Party” means — (a) His Majesty the Sultan and Yang Di-Pertuan in Council; (b) the Government or any of its lawful authorities (including, without limitation, the Secretary to the Council of Ministers or a Minister) designated by His Majesty the Sultan and Yang Di-Pertuan to act on behalf of His Majesty the Sultan and Yang Di-Pertuan in Council; or (c) Petroleum Authority of Brunei Darussalam or any of the Authority’s representatives acting on the Authority’s behalf.