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.
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