Document ID: chunk:federal_register_of_legislation:C2024C00828:section:323a
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 323A
Character Range: 875145–876212

323A  Extension of cross‑boundary greenhouse gas holding lease if lessee applies for a special cross‑boundary greenhouse gas holding lease or cross‑boundary greenhouse gas injection licence
 (1) If:
 (a) a cross‑boundary greenhouse gas holding lease (other than a special cross‑boundary greenhouse gas holding lease) is in force over a block or blocks; and
 (b) before the time when the lease would, apart from this subsection, expire, the lessee applies to the Titles Administrator for the grant by the Cross‑boundary Authority of a special cross‑boundary greenhouse gas holding lease or cross‑boundary greenhouse gas injection licence over the block or one or more of the blocks;
the table has effect:

Extension of lease
Item                In this case ...                                                                                                                                                                                                                        the lease continues in force over the block or blocks covered by the application until ...