•   This Part provides for the grant of greenhouse gas search authorities over blocks in an offshore area.

•   A greenhouse gas search authority may be granted over a block so long as none of the following is in force over the block:

  (a)   a greenhouse gas assessment permit;

  (b)   a greenhouse gas holding lease;

  (c)   a greenhouse gas injection licence;

  (d)   a petroleum exploration permit;

  (e)   a petroleum retention lease;

  (f)   a petroleum production licence.

•   A greenhouse gas search authority authorises the holder to carry on the following operations in the authority area:

  (a)   operations relating to the exploration for potential greenhouse gas storage formations;

  (b)   operations relating to the exploration for potential greenhouse gas injection sites.

•   A greenhouse gas search authority does not authorise the holder to make a well.