Document ID: chunk:federal_register_of_legislation:C2024C00828:section:368b:p5
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 368B (pt 5/10)
Character Range: 1045788–1048778

the regulations; and
 (ja) the responsible Commonwealth Minister is satisfied of the matters (if any) prescribed by the regulations;
the Cross‑boundary Authority must give the applicant a written notice (called an offer document) telling the applicant that the Cross‑boundary Authority is prepared to grant the applicant a greenhouse gas injection licence over the block or blocks specified in the application, on the basis that the matters to be specified in the greenhouse gas injection licence as mentioned in paragraphs 358A(3)(d) to (k) will be in accordance with the application, so long as:
 (k) in a case where part of the licence area would be in the coastal waters of a State—the State has consented to the giving of the offer document; or
 (l) in a case where part of the licence area would be in the coastal waters of the Northern Territory—the Northern Territory has consented to the giving of the offer document.

Application by lessee
 (2) If:
 (a) an application for the grant of a greenhouse gas injection licence has been made under section 368A by a greenhouse gas holding lessee; and
 (b) the Cross‑boundary Authority is satisfied that, if the greenhouse gas injection licence were granted to the applicant, the applicant will, within 5 years after the grant, commence operations to:
 (i) inject a greenhouse gas substance into the identified greenhouse gas storage formation, or at least one of the identified greenhouse gas storage formations, concerned; and
 (ii) permanently store the greenhouse gas substance in the identified greenhouse gas storage formation, or at least one of the identified greenhouse gas storage formations, concerned; and
 (c) if the responsible Commonwealth Minister is satisfied that there is a significant risk that any of the operations that could be carried on under the greenhouse gas injection licence will have a significant adverse impact on petroleum exploration operations, or petroleum recovery operations, that are being, or could be, carried on under:
 (i) an existing post‑commencement petroleum exploration permit; or
 (ii) an existing post‑commencement petroleum retention lease (other than a petroleum retention lease granted under section 150); or
 (iii) a future post‑commencement petroleum production licence over the block or any of the blocks to which an existing post‑commencement petroleum exploration permit, or an existing post‑commencement petroleum retention lease (other than a petroleum retention lease granted under section 150), relates; or
 (iv) an existing post‑commencement State/Territory petroleum exploration title; or
 (v) an existing post‑commencement State/Territory petroleum retention title (other than a State/Territory petroleum retention title granted under a provision of a law of a State or Territory that corresponds to section 150); or
 (vi) a future post‑commencement State/Territory petroleum production title over the State/Territory block or any of the State/Territory blocks to which an