Victorian Current Acts

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 471

Extension of term of greenhouse gas assessment permit or greenhouse gas holding lease—suspension of rights

    (1)     This section applies if rights conferred by a greenhouse gas assessment permit or greenhouse gas holding lease are suspended under section 470.

    (2)     The Minister may extend the term of the permit or lease by a period not more than the period of the suspension.

    (3)     The extension may be—

        (a)     in the notice of suspension; or

        (b)     by a later written notice given to the permittee or lessee.

Division 2 —Variation, suspension and exemption decisions relating to greenhouse gas search authorities and greenhouse gas special authorities



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