Scope
(1) This section applies if a transfer of a greenhouse gas holding lease is registered under section 530:
(a) after an application has been made under section 368A for the grant of a greenhouse gas injection licence over a block or blocks in relation to which the greenhouse gas holding lease is in force; and
(b) before any action has been taken by the Cross - boundary Authority under section 368B or 368C in relation to the application.
Transferee to be treated as applicant
(2) After the transfer, sections 368A to 368D 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.