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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 571A

Insurance--greenhouse gas titles

Greenhouse gas titles

  (1)   The conditions of:

  (a)   a greenhouse gas assessment permit; or

  (b)   a greenhouse gas holding lease; or

  (c)   a greenhouse gas injection licence; or

  (d)   a greenhouse gas search authority; or

  (e)   a greenhouse gas special authority;

may include a condition that the registered holder maintain, as directed by the responsible Commonwealth Minister from time to time, insurance against:

  (f)   expenses; or

  (g)   liabilities; or

  (h)   specified things;

arising in connection with, or as a result of:

  (i)   the carrying out of work under the permit, lease, licence or authority; or

  (j)   the doing of any other thing under the permit, lease, licence or authority;

including insurance against expenses of complying with directions relating to the clean - up or other remediation of the effects of the escape of a greenhouse gas substance.

Direction to be in writing

  (2)   A direction under this section must be in writing.



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