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Revised Minerals Programme for Petroleum (2005)
30 January 2012 - On Wednesday, 25 January 2012, the Governor-General of New Zealand gave Royal Assent to the Minerals Programme for Petroleum (2005) Amendment (Priority in Time Removal) Order 2012.
The revised Minerals Programme for Petroleum incorporating the changes made by the Order will take effect from Wednesday, 1 February 2012.
From 1 February 2012, Priority in Time (PIT) applications for petroleum exploration permits will no longer be accepted. Any PIT applications received after 30 August 2011 will not be considered (in accordance with section 22(2) of the Crown Minerals Act 1991).
