Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If:
(a) a special cross - boundary greenhouse gas holding lease is in force; and
(b) one or more identified greenhouse gas storage formations are wholly situated in the lease area; and
(c) the Cross - boundary Authority is satisfied that, if the lessee were to apply under section 368A for the grant of a greenhouse gas injection licence over the block or blocks in which the identified greenhouse gas storage formation or formations are wholly situated, the Cross - boundary Authority would not refuse to grant the greenhouse gas injection licence on a ground covered by paragraph 368B(2)(c), (d), (e), (f), (g), (h), (i) or (ja);
the Cross - boundary Authority may, by written notice given to the lessee:
(d) request the lessee to notify the Cross - boundary Authority, within 180 days after the day on which the notice is given to the lessee, of the lessee's intention to apply for the greenhouse gas injection licence; and
(e) request the lessee to apply for the greenhouse gas injection licence within 2 years after the day on which the notice is given to the lessee.
(2) If the lessee does not comply with a request under subsection (1), the Cross - boundary Authority may cancel the lease.