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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 348

Greenhouse gas injection licence transferred—transferee to be treated as applicant

    (1)     This section applies if a transfer of a greenhouse gas injection licence is registered under section 572

        (a)     after an application has been made under section 342 for the grant of a greenhouse gas holding lease over the block or blocks in relation to which the greenhouse gas injection licence is in force; and

        (b)     before any action has been taken by the Minister under section 344 or 345 in relation to the application.

    (2)     After the transfer, sections 342 to 346 and Part 3.8 have effect in relation to the application as if any reference in those sections and that Part to the applicant were a reference to the transferee.

Subdivision 3 —Application for special greenhouse gas holding lease by an unsuccessful applicant for a greenhouse gas injection licence



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