Queensland Numbered Acts Queensland Numbered Acts(1) The holder of a GHG permit may apply for a declaration by the Minister that all or a stated part of its area is a potential storage area for the permit.
(2) The application must be--
(a) made to the Minister in the approved form; and
(b) accompanied by the fee prescribed under a regulation.
(3) The application may be made--
(a) for more than 1 part of the GHG permit's area; and
(b) even if another part of the GHG permit's area is already a potential storage area.
(4) The application must include--
(a) a report for or that includes the proposed potential storage area that--
(i) meets the requirements under section 246 for a GHG viability report; and
(ii) is still relevant to the circumstances of the proposed potential storage area; and
(b) an evaluation program for--
(i) potential GHG stream storage in the proposed potential storage area; and
(ii) market opportunities for potential GHG stream storage.
(5) However, subsection (4)(a) does not apply if--
(a) a GHG viability report or an independent viability assessment relates to or includes the proposed potential storage area; and
(b) the report or assessment is still relevant to the circumstances of the proposed potential storage area.