Offshore Petroleum Amendment (Greenhouse Gas Storage) Act 2008 (117 of 2008)
Schedule 1 Amendments relating to greenhouse gas storage etc.
Offshore Petroleum Act 2006
103 At the end of section 13
Add:
Greenhouse gas activities
(3) This subsection applies to the following activities:
(a) activities preparatory to injecting a greenhouse gas substance into an identified greenhouse gas storage formation (for example, controlling the flow of a greenhouse gas substance into the relevant well);
(b) preparing a greenhouse gas substance for injection into an identified greenhouse gas storage formation (for example, pumping, processing or compressing);
(c) preparing a greenhouse gas substance for transport to another place (for example, pumping or compressing);
(d) storing a greenhouse gas substance before it is:
(i) transported to another place; or
(ii) injected into an identified greenhouse gas storage formation; or
(iii) subjected to any other activity at a facility, structure or installation;
(e) monitoring the behaviour of a greenhouse gas substance stored in an identified greenhouse gas storage formation;
(f) remote control of facilities, structures or installations used to:
(i) inject a greenhouse gas substance into an identified greenhouse gas storage formation; or
(ii) store a greenhouse gas substance in an identified greenhouse gas storage formation; or
(iii) do anything mentioned in any of the above paragraphs;
(g) activities related to any of the above.
(4) For the purposes of subsection (3), the injection of a greenhouse gas substance into an identified greenhouse gas storage formation is taken to take place at the top of the relevant well.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).