QLDIn ForceAct
Geothermal Energy Act 2010
sec.208Replenishment of security
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### sec.208 Replenishment of security
This section applies if—
under section 207 , all or part of the security for a geothermal tenure has been used; and
the geothermal tenure is still in force.
The Minister must give the geothermal tenure holder a notice—
stating how much of the security has been used; and
directing the holder to replenish the security for the geothermal tenure, within 30 days after the giving of the notice, up to the higher of the following—
the amount prescribed under a regulation;
if the notice states that, under section 204 , another amount is required—the other amount.
(sec.208-ssec.1) This section applies if— under section 207 , all or part of the security for a geothermal tenure has been used; and the geothermal tenure is still in force.
(sec.208-ssec.2) The Minister must give the geothermal tenure holder a notice— stating how much of the security has been used; and directing the holder to replenish the security for the geothermal tenure, within 30 days after the giving of the notice, up to the higher of the following— the amount prescribed under a regulation; if the notice states that, under section 204 , another amount is required—the other amount.
- (a) under section 207 , all or part of the security for a geothermal tenure has been used; and
- (b) the geothermal tenure is still in force.
- (a) stating how much of the security has been used; and
- (b) directing the holder to replenish the security for the geothermal tenure, within 30 days after the giving of the notice, up to the higher of the following— (i) the amount prescribed under a regulation; (ii) if the notice states that, under section 204 , another amount is required—the other amount.
- (i) the amount prescribed under a regulation;
- (ii) if the notice states that, under section 204 , another amount is required—the other amount.
- (i) the amount prescribed under a regulation;
- (ii) if the notice states that, under section 204 , another amount is required—the other amount.