Victorian Current Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 434

Simplified outline

    (1)     This section sets out a simplified outline of this Part.

    (2)     This Part provides for the grant of greenhouse gas search authorities over blocks in the offshore area.

    (3)     A greenhouse gas search authority may be granted over a block so long as none of the following is in force over the block

        (a)     a greenhouse gas assessment permit;

        (b)     a greenhouse gas holding lease;

        (c)     a greenhouse gas injection licence;

        (d)     a petroleum exploration permit;

        (e)     a petroleum retention lease;

        (f)     a petroleum production licence.

    (4)     A greenhouse gas search authority authorises the holder to carry on the following operations in the authority area

        (a)     operations relating to the exploration for potential greenhouse gas storage formations;

        (b)     operations relating to the exploration for potential greenhouse gas injection sites.

    (5)     A greenhouse gas search authority does not authorise the holder to make a well.

    (6)     This section is intended only as a guide to readers as to the general scheme and effect of this Part.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback