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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 291

Conditions of greenhouse gas assessment permits--general

  (1A)   This section does not apply to a cross - boundary greenhouse gas assessment permit.

  (1)   The responsible Commonwealth Minister may grant a greenhouse gas assessment permit subject to whatever conditions the responsible Commonwealth Minister thinks appropriate.

  (2)   The conditions (if any) must be specified in the permit.

Approval of key greenhouse gas operations

  (3)   A greenhouse gas assessment permit is subject to the condition that the permittee will not carry on key greenhouse gas operations under the permit unless:

  (a)   the responsible Commonwealth Minister has approved the operations under section   292; and

  (b)   the permittee complies with the conditions (if any) to which the approval is subject.

Securities

  (4)   A greenhouse gas assessment permit is subject to the condition that, if the permittee is given a notice under section   454, the permittee will comply with the notice.

Work - bid greenhouse gas assessment permits

  (5)   Any or all of the following conditions may be specified in a work - bid greenhouse gas assessment permit:

  (a)   conditions requiring the permittee to carry out work in, or in relation to, the permit area (including conditions requiring the permittee to carry out the work during a period of 12 months or longer, or during periods each of which is 12 months or longer);

  (b)   conditions relating to the amounts that the permittee must spend in carrying out such work;

  (c)   conditions requiring the permittee to comply with directions that:

  (i)   relate to the matters covered by paragraphs   (a) and (b); and

  (ii)   are given in accordance with the permit.

Cash - bid greenhouse gas assessment permits

  (6)   Despite subsection   (1), a cash - bid greenhouse gas assessment permit must not be granted subject to conditions requiring the permittee to:

  (a)   carry out work in, or in relation to, the permit area; or

  (b)   spend particular amounts on the carrying out of work in, or in relation to, the permit area.

Other provisions

  (7)   Despite subsection   (2), the conditions mentioned in subsections   (3) and (4) do not need to be specified in the permit.

  (8)   Subsections   (3), (4) and (5) do not limit subsection   (1).


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