Victorian Current Acts

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 356

Greenhouse gas holding lease transfer—transferee to be treated as applicant

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

        (a)     after an application has been made under section 349 for the grant of a special greenhouse gas holding lease over a block or blocks in relation to which the first‑mentioned greenhouse gas holding lease is in force; and

        (b)     before any action has been taken by the Minister under section 351 in relation to the application.

    (2)     After the transfer, sections 351 and 352 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 4 —Application for greenhouse gas holding lease by the holder of a petroleum retention lease



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