Document ID: chunk:federal_register_of_legislation:C2024C00828:section:529:p2
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 529 (pt 2/2)
Character Range: 1326351–1327604

greenhouse gas holding lease or a greenhouse gas injection licence; and
 (b) the greenhouse gas holding lease or the greenhouse gas injection licence is tied to a petroleum production licence;
the Titles Administrator must not approve the transfer of the greenhouse gas holding lease or the greenhouse gas injection licence unless:
 (c) a transfer of the petroleum production licence has been approved by the Titles Administrator under section 478; and
 (d) the transfer of the petroleum production licence is registered under section 479; and
 (e) both:
 (i) the instrument of transfer of the petroleum production licence; and
 (ii) the instrument of transfer of the greenhouse gas holding lease or greenhouse gas injection licence;
  were executed at or about the same time; and
 (f) the transferee or transferees of the petroleum production licence are the same as the transferee or transferees of the greenhouse gas holding lease or greenhouse gas injection licence.
 (5) The Titles Administrator must, by written notice given to the applicant, notify the applicant of the Titles Administrator's decision.
 (6) If the Titles Administrator refuses to approve the transfer, the Titles Administrator must make a notation of the refusal in the Register.