(1) If:
(a) a cross - boundary greenhouse gas assessment permit is in force over a block or blocks; and
(b) before the time when the permit would, apart from this subsection, expire, the permittee applies to the Titles Administrator for the grant by the Cross - boundary Authority of a cross - boundary greenhouse gas holding lease or cross - boundary greenhouse gas injection licence over the block or one or more of the blocks;
the table has effect:
Extension of permit | ||
Item | In this case ... | the permit continues in force over the block or blocks covered by the application until ... |
1 | the Cross - boundary Authority gives the permittee an offer document relating to a cross - boundary greenhouse gas holding lease or cross - boundary greenhouse gas injection licence over the block or one or more of the blocks | the lease or licence is granted, the permittee withdraws the application or the application lapses. |
2 | the application is for a cross - boundary greenhouse gas holding lease and the Cross - boundary Authority refuses to grant the lease to the permittee | the end of the period of 12 months after the day on which the notice of the refusal was given to the permittee. |
3 | the application is for a cross - boundary greenhouse gas injection licence and the Cross - boundary Authority refuses to grant the licence to the permittee on a ground covered by paragraph 368B(1)(c), (d), (e), (f), (g), (h), (i) or (ja) | the end of the period of 90 days after the day on which the notice of the refusal was given to the permittee. |
4 | the application is for a cross - boundary greenhouse gas injection licence and the Cross - boundary Authority refuses to grant the licence to the permittee on a ground not mentioned in item 3 | notice of the refusal is given to the permittee. |
(2) Subsection (1) has effect subject to this Chapter but despite section 293.
Note: See the notes at the end of section 293.