Victorian Current Acts

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 468

    (1)     This section applies if an event specified in the table happens, or a circumstance specified in the table exists—

When the conditions of a title may be the subject of a variation, suspension or exemption
Item	Title	Event or circumstance
1	a greenhouse gas assessment permit, greenhouse gas holding lease or greenhouse gas injection licence	the permittee, lessee or licensee applies in writing to the Minister for— (a)     a variation or suspension of any of the conditions to which the permit, lease or licence is subject; or (b)     exemption from compliance with any of the conditions to which the permit, lease or licence is subject.
2	a greenhouse gas assessment permit, greenhouse gas holding lease or greenhouse gas injection licence	the Minister gives a direction or consent to the permittee, lessee or licensee under— (a)     this Chapter; or (b)     Chapter 6; or (c)     Part 8.1; or (d)     the regulations.
3	greenhouse gas injection licence	the licence is partly surrendered.
4	a greenhouse gas assessment permit, greenhouse gas holding lease or greenhouse gas injection licence	the permittee, lessee or licensee consents to the making of a determination under section 498.
5	a greenhouse gas assessment permit	the permit is taken to continue in force until the Minister grants, or refuses to grant, the renewal of the permit (see section 311(6)).
6	a greenhouse gas holding lease	the lease is taken to continue in force until the Minister grants, or refuses to grant, the renewal of the lease (see section 362(6)).

S. 468(2) amended by No. 55/2010 s. 80(4).

    (2)     The Minister may, by written notice given to the permittee, lessee or licensee—

        (a)     vary; or

        (b)     suspend; or

        (c)     exempt the permittee, lessee or licensee from compliance with—

any of the conditions to which the permit, lease or licence is subject, on such conditions (if any) as are specified in the notice.

    (3)     Subsection (2) does not authorise the giving of a notice to the extent that it would affect the term of a greenhouse gas assessment permit, greenhouse gas holding lease or greenhouse gas injection licence.

Note

See also section 469 (extension of term).

    (4)     A variation of a greenhouse gas injection licence under this section takes effect on the day on which notice of the variation is published in the Government Gazette.

    (5)     A variation of a greenhouse gas assessment permit or greenhouse gas holding lease under this section takes effect on the day on which notice of the variation is given to the permittee or lessee.