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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

41H: Information for deciding on outgoing guarantee

You could also call this:

"Ministers can ask for information to help decide if a guarantee is needed"

Illustration for Crown Minerals Act 1991

When the Ministers are deciding about an outgoing guarantee, they can ask you for information. You might get a notice asking for information that relates to certain matters in sections 41E to 41I. The Ministers want this information to help them decide if a guarantee is needed and who should provide it.

If you get a notice, you must give the Ministers the information or documents they ask for. This information must be about the matters in sections 41E to 41I. You have to provide the information in the way and form the notice says.

You must give the Ministers the information within a reasonable time frame that the notice specifies. The notice will tell you how and when to provide the information. You have to follow the instructions in the notice to give the Ministers the information they need.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS1466132.

Topics:
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41G: Considerations for deciding on outgoing guarantee, or

"What to think about when deciding if someone needs to promise to cover costs before leaving a petroleum project"

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41I: Requirement to provide outgoing guarantee, or

"Ministers can ask you to promise to pay money if something goes wrong, and you must do what they say."

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

41HInformation for deciding on outgoing guarantee

  1. The Ministers may give a notice to an incoming person or an outgoing person, or any related body corporate to an incoming person or an outgoing person, requiring the person to give the Ministers any information, to the extent that it relates to the matters in sections 41E to 41I, that the Ministers consider will assist them in determining whether to require a guarantee and by whom the guarantee should be provided.

  2. The person so required must provide to the Ministers the information or documents specified in the notice, to the extent that it relates to the matters referred to in sections 41E to 41I.

  3. The person so required must provide the information in the form and in the manner set out in the notice and within any reasonable time specified in the notice.

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