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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 446

Grounds for cancellation of title

    For the purposes of this Division, each of the following is a ground for cancelling a greenhouse gas assessment permit, greenhouse gas holding lease or greenhouse gas injection licence:

  (a)   the registered holder has not complied with a condition to which the permit, lease or licence is subject;

  (b)   the registered holder has not complied with a direction given to the holder by the responsible Commonwealth Minister, NOPSEMA or the Titles Administrator under this Chapter, Chapter   6 or Part   8.1;

  (c)   the registered holder has not complied with a provision of:

  (i)   this Chapter; or

  (ii)   Chapter   5; or

  (iia)   Chapter   5A; or

  (iii)   Chapter   6; or

  (iv)   Part   8.1; or

  (v)   the regulations;

  (d)   the registered holder has not paid an amount payable by the holder under:

  (i)   this Act; or

  (ii)   section   10E of the Regulatory Levies Act;

    within the period of 90 days after the day on which the amount became payable;

  (da)   a person has contravened subsection   566H(1), 566N(1), 566P(1) or 566ZA(1) in relation to the permit, lease or licence;

  (e)   in the case of a greenhouse gas injection licence:

  (i)   if a single identified greenhouse gas storage formation is wholly situated in the licence area--the declaration under section   312 or 312A that relates to the identified greenhouse gas storage formation is revoked under section   314; or

  (ii)   if 2 or more identified greenhouse gas storage formations are wholly situated in the licence area--each of the declarations under section   312 or 312A that relate to those identified greenhouse gas storage formations is revoked under section   314;

  (f)   in the case of a greenhouse gas holding lease:

  (i)   if a single identified greenhouse gas storage formation is wholly situated in the lease area--the declaration under section   312 or 312A that relates to the identified greenhouse gas storage formation is revoked under section   314; or

  (ii)   if 2 or more identified greenhouse gas storage formations are wholly situated in the lease area--each of the declarations under section   312 or 312A that relate to those identified greenhouse gas storage formations is revoked under section   314.


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