Document ID: chunk:federal_register_of_legislation:C2024C00828:section:399
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 399
Character Range: 1139594–1141379

399  Closure assurance period
 (1) If:
 (a) a site closing certificate is in force in relation to an identified greenhouse gas storage formation; and
 (b) the responsible Commonwealth Minister is satisfied that operations for the injection of a greenhouse gas substance into the formation ceased on a day (the cessation day) before the application for the site closing certificate was made; and
 (c) on a day (the decision day) that is at least 15 years after the issue of the site closing certificate, the responsible Commonwealth Minister is satisfied that:
 (i) the greenhouse gas substance injected into the formation is behaving as predicted in Part A of the approved site plan for the formation; and
 (ii) there is no significant risk that a greenhouse gas substance injected into the formation will have a significant adverse impact on the geotechnical integrity of the whole or a part of a geological formation or geological structure; and
 (iii) there is no significant risk that a greenhouse gas substance injected into the formation will have a significant adverse impact on the environment; and
 (iv) there is no significant risk that a greenhouse gas substance injected into the formation will have a significant adverse impact on human health or safety; and
 (v) since the cessation day, there have not been any operations for the injection of a greenhouse gas substance into the formation;
the responsible Commonwealth Minister may, by writing, declare that the period:
 (d) beginning at the end of the cessation day; and
 (e) ending at the end of the decision day;
is the closure assurance period in relation to the formation for the purposes of this Act.
 (2) A copy of a declaration under subsection (1) is to be given to the holder of the site closing certificate.