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Crown Minerals Act 1991

Permits, access to land, and other matters - Permits, access to land, and title notations - Outgoing guarantees: permits and licences for petroleum

41E: Application of outgoing guarantee provisions: permits and licences for petroleum

You could also call this:

"Rules for petroleum permits and licences when ownership changes"

Illustration for Crown Minerals Act 1991

When you are dealing with permits and licences for petroleum, some rules apply. These rules are found in sections 41F to 41I. You need to follow these rules in certain situations, such as when someone transfers part of a permit for petroleum, or when there is a change of control in respect of a permit for petroleum.

You also need to follow these rules when someone transfers a licence or a part of a licence, or when there is a change of control in respect of a licence holder. The rules in sections 41F to 41I apply to all these situations, which are called relevant transactions.

These situations can involve permits for petroleum that are covered by section 41, or permits for petroleum where sections 41AB to 41AE apply, or licences and participating interests in licences.

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This page was last updated on

View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS1466125.

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41D: General provisions relating to transfers, dealings, and changes of permit operator, or

"Rules for changing or transferring mineral permits"

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41F: Ministers must consider outgoing guarantee: permits and licences for petroleum, or

"Ministers must think about who will pay to clean up old petroleum sites when permits and licences end"

Part 1BPermits, access to land, and other matters
Permits, access to land, and title notations: Outgoing guarantees: permits and licences for petroleum

41EApplication of outgoing guarantee provisions: permits and licences for petroleum

  1. Sections 41F to 41I apply to all of the following cases (relevant transactions):

  2. a transfer of all or part of a participating interest in a permit for petroleum to which section 41 applies:
    1. a change of control in respect of a permit for petroleum to which sections 41AB to 41AE apply:
      1. the transfer of a licence or participating interest in a licence or a change of control in respect of a licence holder or the holder of a participating interest in a licence.

        Notes
        • Section 41E: inserted, on , by section 34 of the Crown Minerals Amendment Act 2025 (2025 No 40).