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

Schedule 1   Amendments relating to greenhouse gas storage etc.

Offshore Petroleum Act 2006

165AA   At the end of Part 2.10

Add:

226A Responsible Commonwealth Minister may require information about negotiations for a designated agreement

Scope

(1) This section applies to the following applications:

(a) an application under subsection 79A(1) for approval to carry on one or more key petroleum operations under a declared exploration permit;

(b) an application under section 114A for approval to carry on one or more key petroleum operations under a declared retention lease;

(c) an application under subsection 138A(1) for approval to carry on one or more key petroleum operations under a declared production licence;

where either or both of the following are relevant to the responsible Commonwealth Minister's decision on the application:

(d) the existence or non-existence of a designated agreement;

(e) the terms of a designated agreement.

Report about negotiations

(2) The responsible Commonwealth Minister may, by written notice given to the applicant, require the applicant to give to the responsible Commonwealth Minister, within the period specified in the notice, a written report about negotiations, or attempts at negotiations, relating to:

(a) the entering into of the designated agreement; and

(b) the terms of the designated agreement.

Consequences of breach of requirement

(3) If the applicant breaches the requirement, the responsible Commonwealth Minister may, by written notice given to the applicant:

(a) refuse to consider the application; or

(b) refuse to take any action, or any further action, in relation to the application.

(4) Subsection (3) has effect despite any provision of this Act that requires the responsible Commonwealth Minister to:

(a) consider the application; or

(b) take any particular action in relation to the application.