Timor Sea Treaty.

This Agreement between the Government of Australia and the Government of the Democratic Republic of East Timor provides for provisional arrangements between the Parties regarding the delimitation of the seabed in the Timor Sea which do not prejudice a final determination of the seabed delimitation, regulates various aspects of petroleum exploration and exploitation in the Timor Sea and provides for cooperation between the parties in the field of protection of the marine environment in the Timor Sea and various other matters of interest to the Parties. For purposes of this Treaty, a three-tiered joint administrative structure consisting of a Designated Authority, a Joint Commission and a Ministerial Council is established. The Designated Authority shall issue regulations to protect the marine environment in the Joint Petroleum Development Area. It shall establish a contingency plan for combating pollution from petroleum activities in that area.