Offshore Petroleum Amendment (Greenhouse Gas Storage) Act 2008 (117 of 2008)

Schedule 1 Amendments relating to greenhouse gas storage etc.

Add:

201A Holders to be informed of the grant of greenhouse gas search authority

Scope

(1) This section applies if:

(a) a person (the first person ) is the registered holder of a special prospecting authority over a block; and

(b) a greenhouse gas search authority is granted to another person (the second person ) over the block.

Holders to be informed

(2) The responsible Commonwealth Minister must, by written notice given to the first person, inform the first person of:

(a) the operations authorised by the greenhouse gas search authority granted to the second person; and

(b) the conditions of the greenhouse gas search authority granted to the second person.

(3) The Designated Authority must, by written notice given to the second person, inform the second person of:

(a) the petroleum exploration operations authorised by the special prospecting authority granted to the first person; and

(b) the conditions of the special prospecting authority granted to the first person.