i Overview

New Zealand’s geological history has endowed it with rich petroleum resources, only a small proportion of which have been tapped. These largely unexplored petroleum resources represent one of the country’s most significant economic opportunities.

In addition, New Zealand has the fourth largest ‘Exclusive Economic Zone’ in the world, resulting in vast potential for exploration. New Zealand’s producing oil and gas fields are located in the Taranaki basin on the west coast of the North Island. Within New Zealand’s Exclusive Economic Zone there are a significant number of other petroleum basins that are expected to yield substantial oil and gas deposits.


In 2016 low oil prices have had a major effect on the industry. The total production of crude, condensate and naphtha in New Zealand fell 8.4 per cent between December 2015 and March 2016.2 In the same quarter exports were down 24 per cent, however, this was mainly due to stock build.3 Most of the oil produced by New Zealand is exported, owing to its high quality and the configuration of New Zealand’s sole domestic refinery. In March 2016 New Zealand’s only refinery’s output of petrol reached its highest level in over 10 years, as a recent upgrade came into effect. In response to the increase in production, petrol imports fell.4


Total net gas production rose 8.1 per cent from the December 2015 quarter to the March 2016 quarter.5 However, production was still down 1.1 per cent when compared with the March 2015 quarter.6 This continues an overall downward production trend.7 Production of gas is dominated by the Pohokura and Maui fields, which are responsible for over half of New Zealand’s domestic gas production.

New Zealand does not currently export natural gas, and lacks LNG facilities, but natural gas is a vital input into the domestic energy market. Direct consumption of natural gas by consumers is low, with use by households accounting for only a small percentage of total use. However, gas provides vital fuel for electricity generation and is the primary fuel for industry.8 Natural gas is transmitted throughout the North Island through high-pressure gas transmission pipelines that connect to medium and low-pressure gas distribution pipelines. These pipelines connect the oil fields of Taranaki with industry and consumers throughout the North Island.

Government policy towards the sector

The oil and gas sector’s importance continues to be recognised by the government, which is committed to unlocking and maximising New Zealand’s petroleum potential, with a specific focus on exploration of New Zealand’s offshore deepwater basins.

In 2011 the government released the New Zealand Energy Strategy 2011–2021, Developing our Energy Potential. The strategy sets out how the government intends to help develop New Zealand’s petroleum resources, in part by increasing exploration activity and improving knowledge of New Zealand’s petroleum basins. Several reforms to oil and gas regulation were passed in 2013. Experience under those reforms is limited and ongoing changes to the detailed rules of operating in the sector are expected to continue for the foreseeable future.


i Background
Constitutional structure

New Zealand is a constitutional monarchy, where decision-making power is distributed across three branches of government: Parliament, the executive and the judiciary. Parliament makes the law, the executive administers the law and the judiciary interprets the law through the courts.

New Zealand has no single written constitution or any form of law that is higher than the laws passed in Parliament. The legal rules of New Zealand are contained in a number of sources, concentrated in legislation passed by Parliament and court decisions made by judges.

Regional and local government

Regional and local government decision-making is an important consideration for investors in the oil and gas sector. New Zealand has 11 regional councils and 67 territorial authorities. Regional and local government make decisions and set the direction for promoting the social, cultural, environmental and economic wellbeing of their communities within the parameters set by central government.

Ownership of oil and gas

The Crown owns all of New Zealand’s in-ground petroleum resources, and has exclusive sovereign rights to petroleum resources in New Zealand’s Exclusive Economic Zone and Continental Shelf.9 A permit must be obtained from the Crown to carry out any prospecting, exploration or mining activities.10 If extracted in the course of activities authorised by a permit, ownership of petroleum passes to the holder of that permit.11

Domestic oil and gas legislation

New Zealand’s oil and gas sector is governed by the Crown Minerals Act 1991 (CMA). The CMA sets the broad legislative policy for prospecting, exploration and mining of minerals, which includes petroleum, in New Zealand. The CMA is administered by NZ Petroleum & Minerals (NZP&M), which is a branch of the Ministry of Business, Innovation & Employment.

The CMA is supplemented by other important pieces of subordinate legislation including the:

  • a Continental Shelf Act 1964, which extends the application of the CMA to include petroleum in the seabed and subsoil of the continental shelf;
  • b Minerals Programme for Petroleum 2013, which establishes the policies, procedures and provisions relating to petroleum that are to be applied under the CMA. The CMA requires functions and powers exercised under the CMA to be carried out in a manner that is consistent with the policies, procedures and provisions of any relevant minerals programme;
  • c Crown Minerals (Royalties for Petroleum) Regulations 2013, which cover royalties and royalty reports for petroleum mining permits issued after 24 May 2013;
  • d Crown Minerals (Petroleum) Regulations 2007, which specify the information that permit or licence holders must supply and includes forms for applying for, transferring and surrendering permits; and
  • e Crown Minerals (Petroleum Fees) Regulations 2006 which outline the fees payable under the CMA for petroleum permits among other matters.

Environmental legislation relevant to the oil and gas sector is discussed at Section VII, infra. The most important statutes are the Resource Management Act 1991 (RMA) and the Exclusive Economic Zone and Continental Shelf (Environmental Effects) Act 2012 (EEZCSA).

New Zealand has developed an internationally competitive royalty regime. The regime stipulates that mining permit holders pay either an ad valorem royalty or an accounting profit royalty, whichever is greater in any given year. The royalty rates are either:

  • a 5 per cent ad valorem, that is 5 per cent of the net revenue obtained from the sale of petroleum; or
  • b 20 per cent of the accounting profit of petroleum production.
ii Regulation

NZP&M is the regulatory body with primary responsibility for oil and gas regulation in New Zealand. Other agencies involved in regulating the sector include district and regional councils, the Environmental Protection Authority (EPA), WorkSafe New Zealand, Maritime New Zealand and the Department of Conservation (DOC).

NZP&M’s role includes managing the permitting regime, managing regulatory compliance and collecting Crown revenue. NZP&M also consults with Māori stakeholders and provides the public with information about the regulation of the industry.

iii Treaties

New Zealand is a signatory to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards 1958 and the United Nations Convention on the Law of the Sea 1982. New Zealand is party to a number of trade treaties and international conventions, including the New Zealand–China Free Trade Agreement, Australia and New Zealand Closer Economic Relations and the Trans-Pacific Strategic Economic Partnership. New Zealand has a network of 39 double tax agreements in force. These include agreements with Australia, China, the United Kingdom and the United States.


i Overview

The main instruments required to undertake petroleum activities in New Zealand are:

  • a a permit under the CMA;
  • b the required consents under the RMA or the EEZCSA; and
  • c if necessary, an access arrangement with the landowner and occupier.

The CMA separates mining operations into three stages: prospecting, exploration and mining. A permit under the CMA is required for each of these stages.

ii Prospecting

Petroleum prospecting permits (PPP) are required for prospecting activities such as desktop studies, grab sampling and geophysical, aerial and seismic surveys. An application for a PPP is submitted in respect of an area nominated by the applicant, and is assessed on the applicant’s technical and financial capability to undertake the proposed work and on the applicant’s record of compliance. Prospecting permits are granted on the basis that prospecting will increase knowledge of New Zealand’s petroleum resources; if the proposed prospecting is unlikely to materially add to existing knowledge, a permit will only be granted if special circumstances exist.12

Prospecting permits are typically non-exclusive and are granted on the basis that the holder has no subsequent right to obtain an exploration or mining permit.13 They are granted for a maximum four-year period, with no right of extension.

iii Exploration

A petroleum exploration permit is required for activities such as seabed sampling, detailed seismic surveying and the drilling of exploration wells. Exploration permits are allocated in an annual tender process known as a petroleum exploration permit round (or block offer).14 NZP&M will typically seek nominations from interested parties on areas for inclusion in an upcoming offer; areas where prospecting permits have been undertaken will usually be included where requested by interested parties.15

The block offer is a competitive allocation process. In the majority of cases the permit will be allocated to the party proposing an exploration programme that has the best information-gathering value and that is most likely to find petroleum deposits in a timely manner, provided that the programme is technically appropriate and credible.16 Where there is high prospectivity and particularly strong competitive interest, the permit may instead be allocated to the party that makes the highest cash bid (subject to the party meeting other requirements).

Regardless of the method of allocation, NZP&M will assess each applicant’s technical and financial capability and compliance history. A high-level assessment will also be undertaken to determine whether an applicant is likely to meet health, safety and environmental legislative requirements. Exploration permits are granted for up to 15 years, depending on their location, but may be extended for appraisal activities.17 Any exploration permit granted is subject to the conditions advertised in the Notice of Permit Round, or agreed upon by the Crown and the person seeking the permit.18 Exploration permits include a subsequent right to apply for a mining permit.19

Permit holders must notify NZP&M as soon as practicable, and not later than 20 working days after making a discovery of petroleum.20

iv Production

Petroleum mining permits (PMP) authorise the holder of a permit to mine petroleum in a particular area.21 Exploration permit holders who have discovered petroleum in the exploration area are entitled to exchange their permit for a mining permit provided that they can satisfy the Minister that they have discovered a petroleum field and can satisfy certain requirements in the CMA and Petroleum Programme.22 A mining permit can be granted for up to 40 years.23

v Iwi and Hāpu consultation

NZP&M will consult with local Māori iwi and hapū (tribes and family groups) before issuing a prospecting, exploration or mining permit. This is consistent with the Crown’s obligations under the Treaty of Waitangi and Treaty settlements. Permit holders have an obligation to provide NZP&M with an annual report detailing the permit holder’s engagement with iwi or hapū in the area to which the permit relates.24

vi Information sharing

Permit holders of all types have an obligation to collect and share with NZP&M, particular information.25 In the case of exploration and mining permits, NZP&M will make this information publicly available five years after it is collected, or when the permit to which it relates expires. Information obtained under a prospecting permit will generally not be made publicly available until 15 years after it is collected, unless the information is collected by a non-speculative prospector and a block offer for the area to which the prospecting permit relates has closed.

vii Revocation of permits

A permit may be revoked if a condition of the permit, the Act or the regulations has been contravened, or if a payment is overdue.26 Prior to revocation, the permit holder must be given a notice specifying the grounds for revocation and given an opportunity to remedy these grounds or provide a reason why the permit should not be revoked or transferred.

viii Access to land

A permit under the CMA does not give the permit holder any rights to access the land to which the permit relates.27 The permit holder must enter into an access arrangement with the land owner before it can commence prospecting, exploration or mining.28 There is an exception to this rule for minimum impact activities that, subject to conditions, may be carried out without an access arrangement provided that written notice is provided to the landowner and occupier.29

Access to minerals on Crown-owned land has special challenges, particularly when the land is administered by the Department of Conservation (DOC). The CMA provides that an access arrangement in respect of Crown land can be entered into by the land-holding minister, which in most cases is the Minister of Conservation. An access arrangement cannot be granted in respect of any land listed in Schedule 4 of the CMA, except in very limited circumstances.30 Schedule 4 protects land which has been given a high conservation status and includes most National Parks and Marine Reserves.

Where the land in question is administered by the DOC, a range of information is required to be submitted with the application, including an assessment of the environmental effects of the activity. In practice the DOC will not grant an access arrangement until a permit under the CMA and all necessary consents under the RMA have been obtained.

Once an access arrangement has been agreed then an authority to enter and operate must be obtained before prospecting, exploration or mining can commence. Further information, including current insurance details, may need to be provided to the DOC before authority will be granted. An authority to enter and operate can be granted for up to 12 months at a time, after which it will need to be renewed.


Restrictions on production entitlements (if any) are set in mining permit conditions. There are no general restrictions on exports of oil and gas from New Zealand nor are there any requirements for sales of production into the local market. However, the Minister of Energy and Resources does have the power under the CMA to require a permit holder to refine or process in New Zealand any petroleum that the permit holder extracts. Where permit holders are required to refine or process in New Zealand, the Minister may make a further order prohibiting that petroleum from being exported.

New Zealand has one domestic refinery located in the North Island and owned by a publicly listed company. It principally refines imported crudes.

There are no laws regulating oil and gas price setting in New Zealand. However, price setting is subject to competition law and the provisions of the Commerce Act 1986 will apply generally to oil and gas pricing. See more discussion of the Commerce Act at Section VIII.iv, infra.


i Petroleum and oil transfers

Petroleum prospecting permit holders can transfer or assign their interest if the relevant Minister consents. The Minister must be satisfied as to the transferee’s technical and financial capability to assume the permit interest. This may also require the provision of a guarantee from the parent entity of the incoming permit holder. There is a small fee payable – currently NZ$1,022.22. Once the relevant criteria are satisfied, no other payments are required to complete the assignment.

An application for consent must be made within three months of the date of the agreement assigning the interest. This time limit also applies to changes of control of a permit holder.

The government generally does not have a right of first refusal or preferential purchase right in the event of a transfer.


i Taxation overview

Oil and gas companies operating in New Zealand will pay income tax and goods and services tax (GST). There is no capital gains tax in New Zealand, although certain instances of acquiring and disposing of assets may be taxable, including the disposal of petroleum mining assets. There is no stamp duty in New Zealand.

Income tax

A New Zealand resident company is taxed in New Zealand on its worldwide income, whether derived locally or from overseas. A non-resident company operating in New Zealand is only subject to tax on income sourced from New Zealand. This includes offshore activity within the Exclusive Economic Zone. The corporate income tax rate in New Zealand is 28 per cent, although some entities may have different tax rates.

Company losses can be carried forward if certain levels of ownership are maintained, and dividends paid may have imputation credits attached to them (designed to prevent double taxation). Certain business expenses may be deductible, including exploration costs, development costs and removal or restoration costs.

Withholding taxes

In New Zealand, withholding taxes may be required to be withheld and paid to Inland Revenue on some payments (for example, payments of interest, royalties or dividends, or payments made to non-resident contractors). There are different rates for resident withholding tax and non-resident withholding tax, and different rates apply for different types of payment.

ii Tax treaties

New Zealand has 40 double tax treaties, which generally follow the Organisation for Economic Co-operation and Development (OECD) model and can override the application of domestic New Zealand tax rules in some situations. There are a further 20 countries (mostly offshore financial centres) that have concluded tax information exchange agreements (TIEAs) with New Zealand. However, only 11 of these are currently in force. New Zealand is currently negotiating a further 10 TIEAs.

iii Other tax considerations

Goods and services tax is generally chargeable on supplies of goods and services made in New Zealand. GST is generally imposed at 15 per cent, but certain supplies of certain goods or services can be exempt, or have GST charged at zero per cent.

New Zealand has transfer pricing and thin capitalisation rules that can apply to all businesses with non-resident owners. The New Zealand transfer pricing rules are modelled on guidelines developed by the OECD.

In addition, specific tax rules (and exemptions) may apply to certain oil and gas industry participants and to specific petroleum exploration expenditure, petroleum development expenditure or petroleum mining assets.


i Resource Management Act 1991 (RMA)

Most mining operations located onshore or within 12 nautical miles of New Zealand’s territorial limit will require resource consent under the RMA in addition to a permit under the CMA.

The RMA is the principal environmental and development statute in New Zealand. Under the RMA local authorities are largely responsible for the enforcement of environmental rules and the issuing of individual resource consents. Whether resource consent is required depends on the activity taking place and on local councils’ district or regional plans. The consent process weighs potential benefits for the community against potential impacts on the environment and other interests.

A resource consent application must be accompanied by an assessment of the effects that the activity is likely to have on the environment. In the case of mining activities, several expert reports may be required to satisfy this requirement.

ii Marine and Coastal Area (Takutai Moana) Act 2011

The Marine and Coastal Area (Takutai Moana) Act 2011 provides for the special status of the common marine and coastal area as an area that is incapable of ownership. The common marine and coastal area is the area extending from the line of mean high-water springs (essentially the high-tide mark) to the 12-nautical-mile territorial limit.

The Act guarantees public access to the common marine and coastal area and recognises and protects customary interests within it. Interests can take the form of protected customary rights or customary marine title. Customary marine title confers on the title group a set of rights to influence what activities take place in the area and the management of these activities. Customary marine title has significant implications for the mining sector as it will be necessary to negotiate with iwi to obtain access to a customary titled area.

A number of applications have been made since the Act was passed in 2011, but no customary marine titles areas have yet been established.

iii Emissions trading scheme

To address New Zealand’s obligations under the Kyoto Protocol, the government has established an emissions trading scheme. Oil and gas that is used in New Zealand is covered by the scheme. Exports of oil and gas are, consistent with international practice, not subject to the regime.

iv The Exclusive Economic Zone

The Exclusive Economic Zone and Continental Shelf (Environmental Effects) Act 2012 (EEZCSA) came into force on 28 June 2013. The Act established a legislative framework for environmental management in New Zealand’s Exclusive Economic Zone and Continental Shelf, with the purpose of promoting sustainable management of the natural resources in this area. It applies to activities taking place more than 12 nautical miles from the coastline.

The Act classifies activities as permitted, discretionary or prohibited. The classification depends on the degree of harm or potential harm from an activity. Marine consents from the Environmental Protection Agency (EPA) are required for those activities that are not permitted. Marine consent applications must also include an impact statement, which will be publicly notified by the EPA. Similar to resource consents, the marine consent process weighs the potential benefits and impacts of an activity.

The Act was amended by the Exclusive Economic Zone and Continental Shelf (Environmental Effects) Amendment Act 2013, which enables existing petroleum operators to continue operating while a decision is made on their consent application(s), and any subsequent objections or appeals are determined. To benefit from this provision, existing operators must submit a marine consent application to the EPA and have it accepted as complete nine months before their Crown minerals mining permit or privilege expires.

v Code of Conduct for Minimising Acoustic Disturbance to Marine Mammals from Seismic Survey Operations

This Code was issued by the Department of Conservation in 2013 and established a regime to minimise the impact of seismic surveys on marine mammals. It is a condition of the grant of a marine permit under the EEZCSA that permit holders comply with the Code. The Code is also open to voluntary adoption and represents industry best practice.

vi Maritime Rule Part 200

Marine New Zealand administers the Maritime Rule Part 200, which provides rules for offshore petroleum installations. Part 200 requires operators to develop a discharge management plan that must be individually approved for all offshore installations before drilling can begin.

vii Decommissioning

Oil companies and contractors contemplating the decommissioning of facilities and infrastructure need to obtain approval to remove or discard a structure. Approval is obtained either through the marine consenting process (EEZ) or resource consenting process (RMA). Under the new Health and Safety at Work (Petroleum Exploration and Extraction) Regulations 2016, a safety plan must also be provided to WorkSafe New Zealand for approval before a production facility can be retired. Wells must also be plugged in accordance with regulations.

All New Zealand’s offshore fields remain in production so decommissioning is yet to take place in our marine environment. However, the Tui Area oil field in the Taranaki Basin is likely to be decommissioned by 2020.


i Establishment

When choosing to enter New Zealand, foreign investors can:

  • a register a branch of an overseas company on the New Zealand register;
  • b incorporate a different entity such as a partnership or limited partnership; or
  • c incorporate a New Zealand subsidiary of an overseas company.

Incorporating a limited liability company in New Zealand is a relatively quick and easy process. If all the information is at hand (which may include identification information required for anti-money laundering purposes), the process can take as little as one to three business days.

Companies are not required to have a constitution, but will need at least one shareholder, one director and a registered office address in New Zealand.

Under recent changes to companies legislation, all New Zealand companies are required to have at least one director who is resident in New Zealand, or resident in, and a director of a company resident in, Australia (a prescribed country). The list of prescribed countries may be expanded in the future.

ii Capital, labour and content restrictions

There are no generally applicable restrictions on the movement of capital or access to foreign exchange in New Zealand. Oil and gas operators are permitted to hire foreign workers, provided that immigration and employment requirements are met. There are no local content or local hiring requirements.

iii Overseas Investment Act 2005

The New Zealand government regulates foreign investment though the Overseas Investment Act 2005 (OIA). Under the OIA an overseas person must obtain consent for a transaction which will result in overseas investment in ‘significant business assets’ or ‘sensitive land’.

An overseas investment in significant business assets is defined as:31

  • a acquiring 25 per cent or more of rights or interests in securities if the consideration, or the value of the securities or the New Zealand assets of the target and its 25 per cent or more subsidiaries, exceeds NZ$100 million; or
  • b establishing a business or acquiring property used to carry on a business if the consideration exceeds NZ$100 million.

An overseas investment in sensitive land may include an investment involving farmland, certain types of reserves and conservation land, and land adjoining the foreshore, if this land exceeds the area prescribed in the OIA.32 A permit under the CMA or a licence under the Continental Shelf Act is not considered an interest in land for the purpose of the OIA.

Consent will generally be granted to an overseas investment where the overseas person can demonstrate that they have the business experience, acumen and financial commitment to make the investment successful and that the investment will, or is likely to, benefit New Zealand.

iv Competition

Entrants into the New Zealand oil or gas markets should also consider whether their investment will trigger any requirements under the Commerce Act 1986. The Commerce Act prohibits acquisitions that would have the effect, or likely effect, of substantially lessening competition in a market.33

v Anti-corruption

New Zealand has a reputation for being a country with a transparent system of government and low levels of corruption. In 2015 New Zealand was ranked the forth-least corrupt country in Transparency International’s corruption perceptions index.

Bribery and corruption are offences in relation to both the private sector,34 and the public sector.35 The Anti-Money Laundering and Countering Financing of Terrorism Act 2009 requires financial institutions and casinos to take steps to prevent money laundering and the financing of terrorism. New Zealand has signed, but not ratified, the United Nations Convention against Corruption.


i Permit changes and withdraws

Under the current permit regime, the Crown is able to attach conditions to any permit it grants. Invariably, this will result in a permit incorporating a time-based work programme under which the holder commits to undertake certain work by a series of set dates.

Holders may be given the option after completing certain work (e.g., acquisition of seismic data and its processing) of committing to complete the next defined task (such as the drilling of a well) or of surrendering the permit.

The sharp downturn in oil prices in 2016 has reduced the financial incentive for permit holders to fulfil these conditions and the potential for farm-in partners to be found to contribute to the cost of complying with the work programme obligations. Changes to conditions and extensions of time to complete work are permitted under the Act and it is expected that the number of such applications submitted to NZP&M will have increased. To amend the conditions of a permit, permit holders must apply to NZP&M at least 90 days before a permit condition is due to have been completed. Applications must be supported by sufficient justification for the change to be approved.

Where the change involves a total withdrawal from a permit before committed work is done, the permit holder can be required to complete that work or, if released from that obligation in that instance, the holder’s future ability to obtain permits in New Zealand may be adversely affected.

ii Trans Pacific Partnership (TPP)

New Zealand is currently negotiating a regional free trade agreement with 11 other Asia-Pacific countries, including the United States. The aim of the agreement is to lower trade barriers and establish a common legal framework in areas such as intellectual property and environmental law. If acceded to, the agreement is likely to have consequences for the oil and gas sector.

iii GNS Science research programme for petroleum exploration

MBIE has awarded NZ$9.6 million over four years to GNS Science to fund a research programme focusing on improving the chances of finding oil and gas accumulations in New Zealand’s sedimentary basins.

The research will focus on petroleum movement underground, and how petroleum is affected by the particular rock formations that generate, or are likely to generate, petroleum (‘source rocks’). The research has also attracted co-funding from international oil exploration companies and has a broad scope. It is hoped that this programme will help encourage and assist new exploration investment in New Zealand.

iv Health and safety

The Health & Safety at Work Act 2015 came into force on 4 April 2016. The Act, which was modelled on Australian health and safety legislation, introduced the concept of persons conducting a business or undertaking (PCBUs). PCBUs have a primary duty of care to ensure ‘so far as is reasonably practicable’ the health and safety of workers and others. The implications of the new PCBU concept require particular consideration by non-operators within joint ventures.

The Act also introduced strict new due diligence obligations on directors, partners and senior managers of businesses operating in New Zealand. The penalties for non-compliance for both individuals and companies have increased under the new Act, and there is likely to be a stronger focus from the regulator on ensuring the health and safety of workers in the future.


1 Paul Foley is a partner at Minter Ellison Rudd Watts.

2 Ministry of Business, Innovation & Employment, New Zealand Energy Quarterly: March 2016 (Ministry of Business, Innovation & Employment) at 2.

3 At 3.

4 At 3.

5 At 3.

6 At 3.

7 At 3.

8 Ministry of Business, Innovation & Employment, Energy in New Zealand 2015 (Ministry of Business, Innovation & Employment) at 37.

9 Crown Minerals Act 1991, Section 10; Continental Shelf Act 1964, Section 4.

10 Crown Minerals Act 1991, Section 8(2).

11 Crown Minerals Act 1991, Section 30.

12 Crown Minerals Act 1991, Section 28.

13 Minerals Programme for Petroleum 2013, at 4.2.3 and 6.2.5.

14 Minerals Programme for Petroleum 2013 at 7.2.

15 Minerals Programme for Petroleum 2013, at 7.3.1.

16 Minerals Programme for Petroleum 2013, at 7.2.2.

17 Crown Minerals Act 1991, Sections 35(3) and 35(4); Minerals Programme for Petroleum 2013 at 7.8.

18 Minerals Programme for Petroleum 2013, at 7.3.

19 Crown Minerals Act 1991, Section 32.

20 Minerals Programme for Petroleum 2013, at 7.11.1.

21 Crown Minerals Act 1991, Section 23.

22 Crown Minerals Act 1991, at 32(3).

23 Crown Minerals Act 1991, Section 35(1).

24 Crown Minerals Act 1991, Section 33C.

25 Crown Minerals Act 1991, Section 90.

26 Crown Minerals Act 1991, Section 39.

27 Crown Minerals Act 1991, Section 47.

28 Crown Minerals Act 1991, Section 54.

29 Crown Minerals Act 1991, Section 49.

30 Crown Minerals Act 1991, Section 61.

31 Overseas Investment Act 2005, Section 13.

32 Overseas Investment Act 2005, Section 12 and Schedule 1.

33 Commerce Act 1986, Sections 27–29.

34 Secret Commissions Act 1910.

35 Crimes Act 1961.