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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 494

Co‑existence of greenhouse gas titles and petroleum titles

    (1)     This Act does not prevent—

        (a)     a greenhouse gas assessment permit; or

        (b)     a greenhouse gas holding lease; or

        (c)     a greenhouse gas injection licence; or

        (d)     a greenhouse gas search authority; or

        (e)     a greenhouse gas special authority

from being in force over the whole or a part of an area in respect of which any of the following is in force—

        (f)     a petroleum exploration permit;

        (g)     a petroleum retention lease;

        (h)     a petroleum production licence;

              (i)     a petroleum special prospecting authority;

        (j)     a petroleum access authority.

    (2)     This Act does not prevent—

        (a)     a petroleum exploration permit; or

        (b)     a petroleum retention lease; or

        (c)     a petroleum production licence; or

        (d)     a petroleum special prospecting authority; or

        (e)     a petroleum access authority

from being in force over the whole or a part of an area in respect of which any of the following is in force—

        (f)     a greenhouse gas assessment permit;

        (g)     a greenhouse gas holding lease;

        (h)     a greenhouse gas injection licence;

              (i)     a greenhouse gas search authority;

        (j)     a greenhouse gas special authority.

Notes to s. 494(2) inserted by No. 26/2021 s. 32.

Notes

1     See section 296B(3) for the grant of petroleum titles in relation to the permit area of a cross-boundary greenhouse gas assessment permit.

2     See section 333A(3) for the grant of petroleum titles in relation to the lease area of a cross-boundary greenhouse gas holding lease.

3     See section 378A(4) for the grant of petroleum titles in relation to the licence area of a cross-boundary greenhouse gas injection licence.



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