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 ".
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