Queensland Numbered Acts

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GREENHOUSE GAS STORAGE ACT 2009 No. 3 - SECT 604

604 Amendment of s 26 (Valuation of petroleum leases)

(1) Section 26, heading, after 'petroleum leases'--

insert--

'and GHG leases'.

(2) Section 26, after 'petroleum lease'--

insert--

'or GHG lease'.

(3) Section 26(2)--

insert--

'GHG lease means a GHG injection and storage lease under the Greenhouse Gas Storage Act 2009.'.

(4) Section 26(2), definition yearly rent, 'or the Petroleum and Gas (Production and Safety) Act 2004'--

omit, insert--

', Petroleum and Gas (Production and Safety) Act 2004 or the Greenhouse Gas Storage Act 2009'.



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