Document ID: chunk:federal_register_of_legislation:C2024C00828:section:323b
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 323B
Character Range: 877727–879558

323B  Lease area of a cross‑boundary greenhouse gas holding lease is taken to be included in the offshore area

Offshore area of a State
 (1) If any part of the lease area of a cross‑boundary greenhouse gas holding lease is included in the offshore area of a State, the whole of the lease area is taken, for all purposes of:
 (a) this Chapter and regulations made for the purposes of this Chapter; and
 (b) the remaining provisions of this Act and the regulations, so far as they relate to:
 (i) this Chapter; or
 (ii) exploring for a potential greenhouse gas storage formation; or
 (iii) exploring for a potential greenhouse gas injection site; or
 (iv) the injection of a greenhouse gas substance; or
 (v) the storage of a greenhouse gas substance;
to be included in the offshore area of the State.

Principal Northern Territory offshore area
 (2) If any part of the lease area of a cross‑boundary greenhouse gas holding lease is included in the Principal Northern Territory offshore area, the whole of the lease area is taken, for all purposes of:
 (a) this Chapter and regulations made for the purposes of this Chapter; and
 (b) the remaining provisions of this Act and the regulations, so far as they relate to:
 (i) this Chapter; or
 (ii) exploring for a potential greenhouse gas storage formation; or
 (iii) exploring for a potential greenhouse gas injection site; or
 (iv) the injection of a greenhouse gas substance; or
 (v) the storage of a greenhouse gas substance;
to be included in the Principal Northern Territory offshore area.

Division 2—Obtaining a greenhouse gas holding lease

Subdivision A—Application for greenhouse gas holding lease (other than a cross‑boundary greenhouse gas holding lease) by the holder of a greenhouse gas assessment permit (other than a cross‑boundary greenhouse gas assessment permit)