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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 293

Duration of greenhouse gas assessment permit

  (1)   The duration of a greenhouse gas assessment permit is worked out using the table:

 

Duration of greenhouse gas assessment permits

Item

This kind of permit...

remains in force...

1

an original greenhouse gas assessment permit (other than an original cross - boundary greenhouse gas assessment permit or an original consolidated work - bid greenhouse gas assessment permit)

for the period of 6 years beginning on:

(a) the day on which the permit is granted; or

(b) if a later day is specified in the permit as the day on which the permit is to come into force--that later day.

1A

an original cross - boundary greenhouse gas assessment permit, where the grant of the permit resulted in:

(a) the existing greenhouse gas assessment permit mentioned in section   307A ceasing to be in force before the time when it would have expired if the original cross - boundary greenhouse gas assessment permit had not been granted; or

(b) the existing State/Territory greenhouse gas assessment title mentioned in section   307A ceasing to be in force before the time when it would have expired if the original cross - boundary greenhouse gas assessment permit had not been granted

for the period beginning on the day on which the permit is granted and ending at whichever is the later of the following times:

(a) the time when the existing greenhouse gas assessment permit would have expired if it had not ceased to be in force;

(b) the time when the existing State/Territory greenhouse gas assessment title would have expired if it had not ceased to be in force.

1B

an original cross - boundary greenhouse gas assessment permit, where item   1A does not apply

for the period (not exceeding 12 months) specified in the permit.

1C

an original consolidated work - bid greenhouse gas assessment permit, where:

(a) both of the existing work - bid greenhouse gas assessment permits mentioned in section   302A were original greenhouse gas assessment permits; or

(b) both of the existing work - bid greenhouse gas assessment permits mentioned in section   302A were granted by way of first renewal; or

(c) both of the existing work - bid greenhouse gas assessment permits mentioned in section   302A were granted by way of second renewal;

and the grant of the original consolidated work - bid greenhouse gas assessment permit resulted in either or both of the following:

(d) one of the existing work - bid greenhouse gas assessment permits (the first precursor permit ) mentioned in section   302A ceasing to be in force before the time when it would have expired if the original consolidated work - bid greenhouse gas assessment permit had not been granted;

(e) the other existing work - bid greenhouse gas assessment permit (the second precursor permit) mentioned in section   302A ceasing to be in force before the time when it would have expired if the original consolidated work - bid greenhouse gas assessment permit had not been granted

for the period beginning on the day on which the permit is granted and ending at whichever is the later of the following times:

(a) the time when the first precursor permit would have expired if it had not ceased to be in force;

(b) the time when the second precursor permit would have expired if it had not ceased to be in force.

 

1D

an original consolidated work - bid greenhouse gas assessment permit, where:

(a) one of the existing work - bid greenhouse gas assessment permits (the first precursor permit ) mentioned in section   302A was an original greenhouse gas assessment permit; and

(b) the other existing work - bid greenhouse gas assessment permit mentioned in section   302A was granted by way of first renewal or second renewal; and

(c) the grant of the original consolidated work - bid greenhouse gas assessment permit resulted in the first precursor permit ceasing to be in force before the time when it would have expired if the original consolidated work - bid greenhouse gas assessment permit had not been granted

for the period:

(a) beginning on the day on which the permit is granted; and

(b) ending at the time when the first precursor permit would have expired if it had not ceased to be in force.

1E

an original consolidated work - bid greenhouse gas assessment permit, where:

(a) one of the existing work - bid greenhouse gas assessment permits (the first precursor permit ) mentioned in section   302A was granted by way of first renewal; and

(b) the other existing work - bid greenhouse gas assessment permit mentioned in section   302A was granted by way of second renewal; and

(c) the grant of the original consolidated work - bid greenhouse gas assessment permit resulted in the first precursor permit ceasing to be in force before the time when it would have expired if the original consolidated work - bid greenhouse gas assessment permit had not been granted

for the period:

(a) beginning on the day on which the permit is granted; and

(b) ending at the time when the first precursor permit would have expired if it had not ceased to be in force.

1F

an original consolidated work - bid greenhouse gas assessment permit, where item   1C, 1D or 1E does not apply

for the period (not exceeding 12 months) specified in the permit.

2

a greenhouse gas assessment permit granted by way of renewal

for the period of 3 years beginning on:

(a) the day on which the permit is granted; or

(b) if a later day is specified in the permit as the day on which the permit is to come into force--that later day.

  (2)   Subsection   (1) has effect subject to this Chapter.

Note 1:   For a special rule about the extension of the duration of a greenhouse gas assessment permit if the permittee applies for a declaration of an identified greenhouse gas storage formation, see section   294.

Note 1AA:   For a special rule about the extension of the duration of a greenhouse gas assessment permit pending a decision on an application for a consolidated work - bid greenhouse gas assessment permit, see subsection   302A(4).

Note 1AB:   For a special rule about the extension of the duration of a greenhouse gas assessment permit pending a decision on an application for a cross - boundary greenhouse gas assessment permit, see subsection   307A(4).

Note 1A:   For special rules about the extension of the duration of a greenhouse gas assessment permit pending a decision on a renewal application, see subsections   308(6) and 311A(9).

Note 2:   For special rules about the extension of the duration of a greenhouse gas assessment permit if the permittee applies for a greenhouse gas holding lease or greenhouse gas injection licence, see sections   295 and 295A.

Note 2A:   For a special rule about when a greenhouse gas assessment permit ceases to be in force following the grant of a consolidated work - bid greenhouse gas assessment permit, see section   302C.

Note 2B:   For a special rule about when a greenhouse gas assessment permit ceases to be in force following the grant of a cross - boundary greenhouse gas assessment permit, see section   307D.

Note 3:   For special rules about when a greenhouse gas assessment permit ceases to be in force following the grant of a greenhouse gas holding lease or greenhouse gas injection licence, see sections   328, 329E, 366 and 368F.

Note 4:   For special rules about the extension of the duration of a greenhouse gas assessment permit following a suspension decision, see sections   437, 439 and 439B.

Note 4A:   For special rules about the extension of the duration of a greenhouse gas assessment permit pending a suspension decision, see sections   437A and 439C.

Note 5:   For the surrender of a greenhouse gas assessment permit, see Part   3.10.

Note 6:   For the cancellation of a greenhouse gas assessment permit, see Part   3.11.



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