Offshore Minerals Act 1994

The document outlines the key aspects of a Part in the Offshore Minerals Act 1994. It commences with introductory legislative formalities, followed by interpretation of key terms and concepts related to offshore areas, blocks, minerals, and exploration. The Part defines Designated Authorities, including Joint Authorities, and outlines their functions and powers. Additionally, it provides information on the treatment of the Northern Territory, shares in licenses, transfer of licenses, succession of licenses, and notes, diagrams, and explanations on the Earth's surface, application of the Criminal Code, and power to vary and revoke instruments. Part 1.4 of the Act specifically outlines its application, stating it does not apply to petroleum recovery and extends to certain external territories and all individuals and corporations.