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

Schedule 1   Amendments relating to greenhouse gas storage etc.

Offshore Petroleum Act 2006

135   At the end of section 146

Add:

Public interest

(6) For the purposes of paragraph (4B)(c), in considering whether the grant of the production licence is in the public interest, the Joint Authority must have regard to:

(a) whether the registered holder of the greenhouse gas assessment permit or greenhouse gas holding lease, as the case may be, has agreed, in writing, to the grant of the production licence; and

(b) if so - the terms of that agreement.

(7) Subsection (6) does not limit the matters to which the Joint Authority may have regard.

Deferral of application

(8) This section has effect subject to section 146A.