Victorian Current Acts

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 294

    (1)     The duration of a greenhouse gas assessment permit is worked out using the table—

S. 294(1) (Table) amended by No. 26/2021 s. 23(1).

Duration of greenhouse gas assessment permits
Item	This kind of permit...	remains in force...
1	an original greenhouse gas assessment permit	for the period of 6 years beginning on— (a)     the day on which the permit is granted; or (b)     if a later day is specified in the permit as the day on which the permit is to come into force—that later day.
1A	an original consolidated work‑bid greenhouse gas assessment permit, if— (a)     both of the existing work‑bid greenhouse gas assessment permits mentioned in section 305A were original greenhouse gas assessment permits; or	for the period beginning on the day on which the permit is granted and ending at whichever is the later of the following times— (a)     the time when the first precursor permit would have expired if it had not ceased to be in force; (b)     the time when the second precursor permit would have expired if it had not ceased to be in force.
	(b)     both of the existing work‑bid greenhouse gas assessment permits mentioned in section 305A were granted by way of first renewal; or (c)     both of the existing work-bid greenhouse gas assessment permits mentioned in section 305A were granted by way of second renewal— and the grant of the original consolidated work-bid greenhouse gas assessment permit resulted in either or both of the following— (d)         one of the existing work‑bid greenhouse gas assessment permits (the first precursor permit ) mentioned in section 305A ceasing to be in force before the time when it would have expired if the original consolidated
	work-bid greenhouse gas assessment permit had not been granted; (e)     the other existing work-bid greenhouse gas assessment permit (the second precursor permit ) mentioned in section 305A ceasing to be in force before the time when it would have expired if the original consolidated work-bid greenhouse gas assessment permit had not been granted
1B	an original consolidated work‑bid greenhouse gas assessment permit, if— (a)     one of the existing work‑bid greenhouse gas assessment permits (the first precursor permit ) mentioned in section 305A was an original greenhouse gas assessment permit; and	for the period— (a)     beginning on the day on which the permit is granted; and (b)     ending at the time when the first precursor permit would have expired if it had not ceased to be in force.
	(b)     the other existing work-bid greenhouse gas assessment permit mentioned in section 305A was granted by way of first renewal or second renewal; and (c)     the grant of the original consolidated work-bid greenhouse gas assessment permit resulted in the first precursor permit ceasing to be in force before the time when it would have expired if the original consolidated work-bid greenhouse gas assessment permit had not been granted
1C	an original consolidated work‑bid greenhouse gas assessment permit, if— (a)     one of the existing work‑bid greenhouse gas assessment permits (the first precursor permit ) mentioned in	for the period— (a)     beginning on the day on which the permit is granted; and (b)     ending at the time when the first precursor permit would have expired if it had not ceased to be in force.
	section 305A was granted by way of first renewal; and (b)     the other existing work-bid greenhouse gas assessment permit mentioned in section 305A was granted by way of second renewal; and (c)     the grant of the original consolidated work-bid greenhouse gas assessment permit resulted in the first precursor permit ceasing to be in force before the time when it would have expired if the original consolidated work-bid greenhouse gas assessment permit had not been granted
1D	an original consolidated work‑bid greenhouse gas assessment permit, if item 1A, 1B or 1C does not apply	for the period (not exceeding 12 months) specified in the permit.
2	a greenhouse gas assessment permit granted by way of renewal	for the period of 3 years beginning on— (a)     the day on which the permit is granted; or (b)     if a later day is specified in the permit as the day on which the permit is to come into force—that later day.

    (2)     Subsection (1) has effect subject to this Chapter.

Notes

1     For a special rule about the extension of the duration of a greenhouse gas assessment permit if the permittee applies for a declaration of an identified greenhouse gas storage formation, see section 295.

2     For a special rule about the extension of the duration of a greenhouse gas assessment permit pending a decision on a renewal application, see section 311(6).

3     For a special rule about the extension of the duration of a greenhouse gas assessment permit if the permittee applies for a greenhouse gas holding lease or greenhouse gas injection licence, see section 296.

4     For special rules about when a greenhouse gas assessment permit ceases to be in force following the grant of a greenhouse gas holding lease or greenhouse gas injection licence, see sections 340 and 378.

5     For special rules about the extension of the duration of a greenhouse gas assessment permit following a suspension or exemption decision, see sections 469 and  471.

6     For the surrender of a greenhouse gas assessment permit, see Part 3.10.

7     For the cancellation of a greenhouse gas assessment permit, see Part 3.11.

Note 8 to s. 294 inserted by No. 26/2021 s. 23(2).

8     For a special rule about the extension of the duration of a greenhouse gas assessment permit if the permittee applies for a cross‑boundary greenhouse gas assessment permit, see section 296A.

Note 9 to s. 294 inserted by No. 26/2021 s. 23(2).

9     For a special rule about when a greenhouse gas assessment permit ceases to be in force following the grant of a consolidated work-bid greenhouse gas assessment permit, see  section 305C.