Queensland Numbered Acts Queensland Numbered Acts(1) This section applies if the GHG tenure holder has decommissioned a well under section 267.
Note--
For ownership before decommissioning, see section 327 (Ownership of equipment and improvements).
(2) Despite the decommissioning, the holder continues to be responsible under this Act for the well until the earlier of the following times (the relevant time)--
(a) when the GHG tenure ends;
(b) when the land on which the well is located ceased to be in the GHG tenure's area.
(3) At the relevant time the well is taken to have been transferred to the State.
(4) Subsection (3) applies despite--
(a) the well being on or part of land owned by someone else; or
(b) the sale or other disposal of the land.