Offshore area of a State
(1) If any part of the lease area of a cross - boundary greenhouse gas holding lease is included in the offshore area of a State, the whole of the lease area is taken, for all purposes of:
(a) this Chapter and regulations made for the purposes of this Chapter; and
(b) the remaining provisions of this Act and the regulations, so far as they relate to:
(i) this Chapter; or
(ii) exploring for a potential greenhouse gas storage formation; or
(iii) exploring for a potential greenhouse gas injection site; or
(iv) the injection of a greenhouse gas substance; or
(v) the storage of a greenhouse gas substance;
to be included in the offshore area of the State.
Principal Northern Territory offshore area
(2) If any part of the lease area of a cross - boundary greenhouse gas holding lease is included in the Principal Northern Territory offshore area, the whole of the lease area is taken, for all purposes of:
(a) this Chapter and regulations made for the purposes of this Chapter; and
(b) the remaining provisions of this Act and the regulations, so far as they relate to:
(i) this Chapter; or
(ii) exploring for a potential greenhouse gas storage formation; or
(iii) exploring for a potential greenhouse gas injection site; or
(iv) the injection of a greenhouse gas substance; or
(v) the storage of a greenhouse gas substance;
to be included in the Principal Northern Territory offshore area.