Commonwealth Consolidated Regulations

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE (RESOURCE MANAGEMENT AND ADMINISTRATION) REGULATIONS 2011 - REG 2.07

  (1)   This regulation applies if:

  (a)   petroleum is discovered in:

  (i)   part of the permit area of a cross - boundary greenhouse gas assessment permit that is in the coastal waters of a State or the coastal waters of the Northern Territory; or

  (ii)   part of the lease area of a cross - boundary greenhouse gas holding lease that is in the coastal waters of a State or the coastal waters of the Northern Territory; or

  (iii)   part of the licence area of a cross - boundary greenhouse gas injection licence that is in the coastal waters of a State or the coastal waters of the Northern Territory; and

  (b)   a report of the discovery is provided to the responsible Commonwealth Minister under paragraph   2.06(1)(b).

  (2)   Despite Parts   8 and 10, the responsible Commonwealth Minister may make information in the report available to the responsible State Minister or the responsible Northern Territory Minister, for the purpose of enabling or assisting the responsible State Minister or the responsible Northern Territory Minister to perform functions, or exercise powers, under a State PSLA or a Territory PSLA.