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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 295A

Extension of cross - boundary greenhouse gas assessment permit if permittee applies for a cross - boundary greenhouse gas holding lease or cross - boundary greenhouse gas injection licence

  (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.


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