Queensland Numbered Acts

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GREENHOUSE GAS STORAGE ACT 2009 No. 3 - SECT 176

176 Timing of surrender application

(1) If--

(a) GHG stream injection under a GHG lease ceases; and
(b) all GHG wells in the GHG lease's area have been decommissioned in the way required under section 267;

the GHG lease holder must make a surrender application for the lease within 60 business days.

Maximum penalty--500 penalty units

(2) The GHG lease holder can not make a surrender application for the lease before all of the events mentioned in subsection (1) have happened.



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