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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 439C

Extension of term of cross - boundary greenhouse gas assessment permit or cross - boundary greenhouse gas holding lease pending decision on application for suspension of conditions

  (1)   If:

  (a)   a cross - boundary greenhouse gas assessment permittee or a cross - boundary greenhouse gas holding lessee applies for a suspension of any of the conditions to which the permit or lease is subject; and

  (b)   the permit or lease would, apart from this subsection, expire before the Cross - boundary Authority makes a decision on the application;

the permit or lease continues in force until the Cross - boundary Authority makes a decision on the application.

  (2)   If the Cross - boundary Authority refuses the application, the permit or lease continues in force until the end of:

  (a)   the period of 2 months that began when notice of the refusal was given to the permittee or lessee; or

  (b)   such longer period as the Cross - boundary Authority allows.

  (3)   If a cross - boundary greenhouse gas assessment permit or a cross - boundary greenhouse gas holding lease continues in force during a period under subsection   (2), the permittee or lessee is not entitled to make an application during that period for a suspension of any of the conditions to which the permit or lease is subject.

  (4)   Subsections   (1) and (2) have effect subject to this Chapter but despite:

  (a)   in the case of a cross - boundary greenhouse gas assessment permit--section   293; and

  (b)   in the case of a cross - boundary greenhouse gas holding lease--section   322.

Note:   See the notes at the end of sections   293 and 322.



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