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

Schedule 1   Amendments relating to greenhouse gas storage etc.

Offshore Petroleum Act 2006

167   After subsection 247(3)

Insert:

(3A) Subsections (2) and (3) do not apply if the petroleum is discovered by:

(a) a greenhouse gas assessment permittee; or

(b) a greenhouse gas holding lessee; or

(c) a greenhouse gas injection licensee.

Note: The heading to section 247 is altered by adding at the end " in exploration permit area or retention lease area ".