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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 13

Tied titles

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 ).

Tied titles

  (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).


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