Petroleum (Onshore) Act 1991 No 84
(1) A person claiming a legal or equitable interest in a petroleum
title may lodge with the Director-General a caveat, accompanied by the
appropriate lodgment fee, directing the Director-General not to register any
transfer of the petroleum title otherwise than in accordance with the
provisions of the caveat.
(2) Unless sooner withdrawn, a caveat remains in force for the period
of 3 months from the date on which it is lodged.
(3) While a caveat remains in force, a transfer of the petroleum title
may not be registered in contravention of the provisions of the caveat
otherwise than pursuant to an order of the Supreme Court directing the
Director-General to register the transfer.
(4) At the expiration of the period for which a caveat is in force, a
transfer of the petroleum title to which it relates is to be registered
unless, before the expiration of that period, the Director-General is served
with an order of the Supreme Court prohibiting the Director-General from
registering the transfer.