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Geothermal Energy Act 2010
sec.175Continuance of geothermal coordination arrangement after transfer
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### sec.175 Continuance of geothermal coordination arrangement after transfer
This section applies if—
there is an overlapping resource authority for a geothermal lease; and
a geothermal coordination arrangement applies to the geothermal lease; and
the geothermal lease is transferred.
It is a condition of the geothermal lease that its holder must continue to be a party to a geothermal coordination arrangement for the lease while the overlapping resource authority continues in force.
(sec.175-ssec.1) This section applies if— there is an overlapping resource authority for a geothermal lease; and a geothermal coordination arrangement applies to the geothermal lease; and the geothermal lease is transferred.
(sec.175-ssec.2) It is a condition of the geothermal lease that its holder must continue to be a party to a geothermal coordination arrangement for the lease while the overlapping resource authority continues in force.
- (a) there is an overlapping resource authority for a geothermal lease; and
- (b) a geothermal coordination arrangement applies to the geothermal lease; and
- (c) the geothermal lease is transferred.