Document ID: chunk:federal_register_of_legislation:C2024C00828:section:346
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 346
Character Range: 950907–951838

346  Petroleum retention lease transfer—transferee to be treated as applicant

Scope
 (1) This section applies if a transfer of a petroleum retention lease is registered under section 479:
 (a) after an application has been made under section 343 for the grant of a greenhouse gas holding lease over a block or blocks in relation to which the petroleum retention lease is in force; and
 (b) before any action has been taken by the responsible Commonwealth Minister under section 344 in relation to the application.

Transferee to be treated as applicant
 (2) After the transfer, sections 344 and 345 and Part 3.8 have effect in relation to the application as if any reference in those sections and that Part to the applicant were a reference to the transferee.

Division 3—Renewal of greenhouse gas holding leases

Subdivision A—Renewal of a greenhouse gas holding lease (other than a cross‑boundary greenhouse gas holding lease)