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

Schedule 1   Amendments relating to greenhouse gas storage etc.

Offshore Petroleum Act 2006

204   After subsection 311(2)

Insert:

(2A) In attaining a state of satisfaction for the purposes of paragraph (2)(b), the Designated Authority:

(a) in the case of a declared exploration permit, declared retention lease or declared production licence - must have regard; or

(b) otherwise - may have regard;

to the principle that plugging or closing off wells should be carried out in a way that restores or maintains the suitability of a part of a geological formation for the permanent storage of greenhouse gas substances.