(1) A person must not
inject carbon dioxide into an underground reservoir or other subsurface
formation for the purpose of disposing of the carbon dioxide unless the person
has the BI Act Minister’s approval under this section to do so.
Penalty: $50 000.
(2) An application for
the BI Act Minister’s approval under this section —
(a) is
to be made in the form and manner approved by the BI Act Minister; and
(b) is
to be accompanied by particulars of —
(i)
the position, size, capacity and geological structure of
the underground reservoir or other subsurface formation; and
(ii)
the rate of the proposed disposal of the carbon dioxide,
the volume and composition of the carbon dioxide proposed to be disposed of
and the expected duration of the proposed disposal; and
(iii)
the methods proposed to be used for the injection and
disposal of the carbon dioxide; and
(iv)
the capability of the underground reservoir or other
subsurface formation to confine the disposed carbon dioxide; and
(v)
technical advice and data available to the applicant in
relation to the proposed disposal;
and
(c) is
to be accompanied by the prescribed fee, if any.
(3) The BI Act
Minister may, at any time, require the applicant —
(a) to
give the BI Act Minister, within the time specified by that Minister, further
information in writing in connection with the application; or
(b) to
inform such other persons as the BI Act Minister considers necessary that the
application has been made.
(4) In considering an
application under this section the BI Act Minister may seek, and have regard
to, the advice or information of any person on a matter that in the opinion of
that Minister is relevant to the proposed disposal.
(5) The BI Act
Minister is not to give his or her approval under this section unless the BI
Act Minister has consulted, and had regard to the advice, if any, of —
(a) the
LA Act Minister; and
(b) the
CALM Act Minister; and
(c) any
other person who is required to be informed under subsection (3)(b) of the
application.
(6) The BI Act
Minister may grant his or her approval under this section subject to any
condition or restriction including, without limiting the generality of the
Minister’s discretion, a condition as to —
(a) the
payment of money to the State; or
(b)
indemnification of the State; or
(c) the
transferability or otherwise of the approval.
[Heading inserted: No. 13 of 2015 s. 4.]