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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 365

Deferral of decision to grant greenhouse gas injection licence--pending application for post - commencement petroleum exploration permit

Scope

  (1)   This section applies if:

  (a)   an application for the grant of a greenhouse gas injection licence has been made under section   361; and

  (b)   when the application for the greenhouse gas injection licence was made, an application for a post - commencement petroleum exploration permit was being considered by the Joint Authority; and

  (c)   the responsible Commonwealth Minister considers that it would be in the public interest to defer taking any action under section   362 or 363 in relation to the application for the grant of the greenhouse gas injection licence until the application for the post - commencement petroleum exploration permit is finalised.

Deferral

  (2)   The responsible Commonwealth Minister must not take any action under section   362 or 363 in relation to the application for the greenhouse gas injection licence until 24 hours after whichever of the following events happens first:

  (a)   the Joint Authority grants the post - commencement petroleum exploration permit to the applicant for the permit;

  (b)   the application for the post - commencement petroleum exploration permit lapses;

  (c)   the Joint Authority refuses to grant the post - commencement petroleum exploration permit to the applicant for the permit.



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