Queensland Numbered Acts

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GREENHOUSE GAS STORAGE ACT 2009 No. 3 - SECT 75

75 Sub-blocks that can not be counted towards relinquishment

(1) The following can not be counted as sub-blocks relinquished for the relinquishment condition--

(a) sub-blocks relinquished under a condition imposed under section 69(6);
(b) sub-blocks in an area that under section 48, have ceased to be included in the GHG permit;
(c) the mere declaration of the sub-blocks as a potential storage area for the GHG permit;
(d) sub-blocks the subject of an application for a GHG lease or potential storage area;
(e) sub-blocks relinquished under a penalty relinquishment.

(2) To remove any doubt, it is declared that a potential storage area can be relinquished and can be counted as an area relinquished for the relinquishment condition.

(3) In this section--

penalty relinquishment means a relinquishment that is--

(a) made under section 90 or under a requirement under section 379(1)(b); and
(b) more than the sub-blocks required to be relinquished under the relinquishment condition.


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