Victorian Current Acts

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 498

    (1)     This section applies if the area in relation to which a title is in force includes one or more portions of a section 37 block.

Note

This would be the case if the boundaries of a title area do not conform to the graticular system established by this Act.

    (2)     For the purposes of this Act—

        (a)     the area of that portion or those portions constitutes a block (a type A block ); and

        (b)     the area of the remaining portion or portions of the section 37 block (but not including any part of that area in relation to which another title is in force) constitutes a block (a  type B block ).

    (3)     If a title ceases to be in force in relation to a type A block (the first type A block ), the Minister may, by written instrument, if the Minister considers it desirable to do so, determine that the first type A block be amalgamated with—

        (a)     another type A block or blocks, so long as the following conditions are satisfied in relation to the other type A block or blocks—

              (i)     the other type A block or blocks form part of the graticular section of which the first type A block forms part;

              (ii)     a greenhouse gas assessment permit, greenhouse gas holding lease or greenhouse gas injection licence is in force in relation to the other type A block or blocks; or

        (b)     both—

              (i)     another type A block or blocks covered by paragraph (a); and

              (ii)     a type B block that forms part of the graticular section of which the first type A block forms part.

    (4)     If a determination is made under subsection (3), then, for the purposes of this Act—

        (a)     the blocks the subject of the determination cease to constitute blocks; and

        (b)     the areas of those blocks together constitute a block; and

        (c)     the block constituted as a result of the determination is, subject to this Act, for the remainder of the term of the permit, lease or licence concerned, a block in relation to which the permit, lease or licence is in force.

    (5)     The Minister must not make a determination under subsection (3) except with the consent of the permittee, lessee or licensee concerned.

    (6)     In this section—

section 37 block means a block constituted as provided by section 37;

"title" means—

        (a)     a greenhouse gas assessment permit; or

        (b)     a greenhouse gas holding lease; or

        (c)     a greenhouse gas injection licence; or

        (d)     a prescribed instrument.