(1) Subject to section 266, the GHG tenure holder must ensure the well is decommissioned from use under this Act before--
(a) for a GHG lease--the GHG storage reservoir to which the well relates has no available storage capacity for any further injection for GHG storage; or
(b) for a GHG permit--the permit ends or the land on which the well is located ceases to be in the permit's area.
Maximum penalty--500 penalty units.
(2) However, subsection (1) does not apply for land that, under section 48(1), ceases to be in the area of a GHG permit.
(3) For subsection (1), the well is decommissioned from use under this Act only if--
(a) it has been plugged and abandoned in the way prescribed under a regulation; and
(b) any relevant requirements under the Water Act for the decommissioning of water bores have been complied with; and
(c) the responsible person has given the Water Act Minister a notice in the approved form about the decommissioning.