Improve transparency and timeliness of provision of data.
Drafting is underway for the Bill amending the Petroleum and Geothermal Energy Resources Act 1967.
Implementation of this Action will require amendments to the Petroleum and Geothermal Energy Resources Act 1967. Approval to draft was received in March 2021 and drafting is underway. When completed, an exposure draft of the amendment Bill will be released for comment. At this stage, it is envisaged that the exposure draft will be released in mid-2022, followed by introduction of the Bill later in the 2022 Parliamentary year.
The State Government is developing drafting instructions for legislative and regulatory amendments required to implement a number of actions.
Drafting instructions, to amend the Petroleum And Geothermal Energy Resources Act 1967 to facilitate release of information and provision of data where required, are under development.
Appropriate mechanisms are being identified to facilitate release of relevant information to improve transparency and timeliness of provision of data where required.