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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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