Scope
(1) This section applies if a transfer of a greenhouse gas injection licence is registered under section 530:
(a) after an application has been made under section 330 for the grant of a greenhouse gas holding lease over the block or blocks in relation to which the greenhouse gas injection licence is in force; and
(b) before any action has been taken by the responsible Commonwealth Minister under section 331 or 332 in relation to the application.
Transferee to be treated as applicant
(2) After the transfer, sections 330 to 333 and Part 3.8 have effect in relation to the application as if any reference in those sections and that Part to the applicant were a reference to the transferee.