Victorian Current Acts

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 369

Cancellation of certain greenhouse gas holding leases granted to the holders of petroleum retention leases

    (1)     This section applies if—

        (a)     a greenhouse gas holding lease is tied to a petroleum retention lease; and

        (b)     the petroleum retention lease is cancelled, surrendered or wholly revoked.

    (2)     The Minister must cancel the greenhouse gas holding lease.

Part 3.4 —Greenhouse gas injection licences

Division 1 —General provisions



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