Scope
(1) This section applies if a greenhouse gas holding lease (the greenhouse gas lease ) is granted under section 345 to the registered holder of a petroleum retention lease (the petroleum lease ).
(2) For the purposes of this Act, each of the following:
(a) the greenhouse gas lease;
(b) a greenhouse gas holding lease granted by way of renewal of the greenhouse gas lease;
(c) a greenhouse gas injection licence derived from a lease referred to in paragraph (a) or (b);
is tied to each of the following:
(d) the petroleum lease;
(e) a petroleum retention lease granted by way of renewal of the petroleum lease;
(f) a petroleum production licence derived from a lease referred to in paragraph (d) or (e).