Document ID: chunk:federal_register_of_legislation:C2020A00043:clause:1_368b:p1
Version: federal_register_of_legislation:C2020A00043
Segment Type: clause
Provision Reference: sch 1 cl 368B (pt 1/10)
Character Range: 173482–176624

368B  Grant of cross‑boundary greenhouse gas injection licence—offer document

Application by permittee
 (1) If:
 (a) an application for the grant of a greenhouse gas injection licence has been made under section 368A by a greenhouse gas assessment permittee; 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 existing post‑commencement State/Territory petroleum exploration title, or 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), relates;
  the responsible Commonwealth Minister is satisfied that the grant of the greenhouse gas injection licence is in the public interest; and
 (d) 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 pre‑commencement petroleum title held by a person other than the applicant; or
 (ii) an existing petroleum production licence held by a person other than the applicant;
  the responsible