Commonwealth Consolidated Acts Commonwealth Consolidated ActsScope
(1) This section applies if:
(a) a greenhouse gas assessment permit is in force; and
(b) the permittee is the holder of a State/Territory greenhouse gas assessment title; and
(c) at least one block of the permit area of the greenhouse gas assessment permit has a side in common with at least one State/Territory block of the relevant area of the State/Territory greenhouse gas assessment title; and
(d) a part of a geological formation is wholly situated in the area that consists of the combination of the permit area of the greenhouse gas assessment permit and the relevant area of the State/Territory greenhouse gas assessment title; and
(e) the part extends to the permit area of the greenhouse gas assessment permit and the relevant area of the State/Territory greenhouse gas assessment title; and
(f) the permittee has reasonable grounds to suspect that the part could be an eligible greenhouse gas storage formation.
Notification
(2) The permittee may, by written notice, inform the responsible Commonwealth Minister about the matter.
(3) A notice under subsection (2) is not required to set out the fundamental suitability determinants of that part.
(4) Subsection (3) has effect subject to subsections (5) and (6).
(5) A notice under subsection (2) must be accompanied by a written statement that the permittee has reasonable grounds to suspect that the part is suitable for the permanent storage of a specified amount of a specified greenhouse gas substance.
(6) If the permittee has reasonable grounds to suspect that the part could be an eligible greenhouse gas storage formation because of paragraph 21(1)(b), a notice under subsection (2) of this section must be accompanied by a written statement describing the engineering enhancements referred to in that paragraph.