Commonwealth Consolidated Acts

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 392

Issue of site closing certificate

    If:

  (a)   an applicant has been given a pre - certificate notice under subsection   388(1); and

  (b)   if subsection   391(1) applies--the applicant has lodged the specified security within the period applicable under subsection   391(3);

the responsible Commonwealth Minister must issue to the applicant a site closing certificate in relation to the identified greenhouse gas storage formation specified in the pre - certificate notice.

Note:   If the applicant does not lodge the security with the responsible Commonwealth Minister within the period applicable under subsection   391(3), the application lapses at the end of that period--see subsection   391(4).


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