Queensland Numbered Acts

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GREENHOUSE GAS STORAGE ACT 2009 No. 3 - SECT 345

345 What is a dealing with a GHG authority

(1) Each of the following is a dealing with a GHG authority--

(a) a transfer of a GHG authority or of a share in a GHG authority;
(b) a mortgage of a GHG authority or a share in a GHG authority;
(c) a release, transfer or surrender of a mortgage mentioned in paragraph (b);
(d) a sublease or a share in a sublease of a GHG lease;
(e) a transfer of a sublease mentioned in paragraph (d);
(f) a change to a GHG authority holder's name even if the holder continues to be same person after the change.

(2) However, a dealing with a GHG authority does not include a prohibited dealing mentioned in section 346(1).

(3) In this section--

transfer includes--

(a) a transmission by death; and
(b) a transfer by operation of law.
Example for paragraph (b)--
A GHG authority is held by individuals as joint tenants and one of them dies. A transfer of the authority includes a record of the death to record the passing by survivorship of the deceased holder's share of the authority to the other holders.


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