Commonwealth Consolidated Acts

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 463

Change to coastal waters boundary results in an area ceasing to be within the offshore area of a State or Territory

  (1)   If:

  (a)   a Commonwealth title has been granted on the basis that an area (the first area ) is within the offshore area of a State or the Northern Territory; and

  (b)   as a result of a change to the boundary of the coastal waters of the State or Territory, the first area:

  (i)   ceases to be within the offshore area of the State or Territory; and

  (ii)   falls within the coastal waters of the State or Territory;

this Act applies in relation to the Commonwealth title as if the first area were still within the offshore area in relation to the State or Territory.

  (2)   Subsection   (1) continues to apply to the first area only while the Commonwealth title remains in force.

Change to coastal waters boundary results in an area ceasing to be within the coastal waters of a State or Territory

  (3)   If:

  (a)   a State/Territory title has been granted by a State or the Northern Territory on the basis that an area (the second area ) is within the coastal waters of the State or Territory; and

  (b)   as a result of a change to the boundary of the coastal waters of the State or Territory, the second area:

  (i)   ceases to be within the coastal waters of the State or Territory; and

  (ii)   falls within the offshore area of the State or Territory;

then, so far as the State/Territory title is concerned, this Act does not apply to the second area.

  (4)   Subsection   (3) continues to apply to the second area only while the State/Territory title remains in force.

Definitions

  (5)   In this section:

"Commonwealth title" means:

  (a)   a greenhouse gas assessment permit; or

  (b)   a greenhouse gas holding lease; or

  (c)   a greenhouse gas injection licence.

"State/Territory title" means an instrument under a law of a State or the Northern Territory that confers, in relation to the coastal waters of the State or Territory, some or all of the rights that a Commonwealth title confers in relation to the offshore area of the State or Territory.