Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) In addition to section 790C, prescribed regulations made under this Act (read together with section 790B) also have, and are taken always to have also had, effect as provided by this section.
Corporations
(2) Prescribed regulations made under this Act (read together with section 790B) also have, and are taken always to have also had, the effect they would have if:
(a) a reference to a petroleum activity were expressly confined to a petroleum activity undertaken by a constitutional corporation; and
(b) a reference to a greenhouse gas activity were expressly confined to a greenhouse gas activity undertaken by a constitutional corporation.
Territories
(3) The Offshore Petroleum and Greenhouse Gas Storage (Environment) Regulations 2009 (read together with section 790B) also have, and are taken always to have also had, the effect they would have if:
(a) a reference to a petroleum activity were expressly confined to a petroleum activity that has resulted, or could result, in an escape of petroleum, where the escaped petroleum migrates, or is likely to migrate, to land or waters within the limits of a Territory; and
(b) a reference to a greenhouse gas activity were expressly confined to a greenhouse gas activity that has resulted, or could result, in an impact on, or risk to, a matter or thing on land, or in waters, within the limits of a Territory.