Document ID: chunk:federal_register_of_legislation:C2024C00828:section:28a:p2
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 28A (pt 2/2)
Character Range: 153179–155018

title; or
 (k) a future State/Territory petroleum retention title; or
 (l) a future State/Territory petroleum production title;
if, and only if, the injection licence operation will result in:
 (m) an increase in the capital costs (other than prescribed costs) of the relevant petroleum operations; or
 (n) an increase in the operating costs (other than prescribed costs) of the relevant petroleum operations; or
 (o) a reduction in the rate of recovery of the petroleum; or
 (p) a reduction in the quantity of the petroleum that will be able to be recovered.
 (6) For the purposes of section 368B and paragraph 749(2)(ca), if there is a risk that an operation that could be carried on under a greenhouse gas injection licence (the injection licence operation) will have an adverse impact on operations that are being, or could be, carried on under:
 (a) an existing petroleum exploration permit; or
 (b) an existing petroleum retention lease; or
 (c) an existing petroleum production licence; or
 (d) a future petroleum exploration permit; or
 (e) a future petroleum retention lease; or
 (f) a future petroleum production licence; or
 (g) an existing State/Territory petroleum exploration title; or
 (h) an existing State/Territory petroleum retention title; or
 (i) an existing State/Territory petroleum production title; or
 (j) a future State/Territory petroleum exploration title; or
 (k) a future State/Territory petroleum retention title; or
 (l) a future State/Territory petroleum production title;
then that risk is not to be treated as significant, and that adverse impact is not to be treated as significant, if the amount that, under the regulations, is taken to be the probability‑weighted impact cost of the injection licence operation is less than the amount that, under the regulations, is taken to be the threshold amount.