119Unit development

119 Unit development

(1) This section applies if an underground geological storage formation that is likely to be geologically suitable for the injection and permanent storage of a greenhouse gas substance extends over a number of areas in a way that legally entitles more than one holder of an injection and monitoring licence to carry out greenhouse gas substance injection and monitoring.

(2) The Minister may require any person who is entitled to carry out greenhouse gas substance injection and monitoring to enter into a co‑operative arrangement for one or more of the following purposes—

(a) to enable more effective greenhouse gas substance injection and monitoring;

(b) to maximise the volume of greenhouse gas substances stored; and

(c) to minimise the impact of greenhouse gas substance injection and monitoring on public health and the environment.

(3) In making such a requirement, the Minister must ensure—

(a) that written notice of the requirement is given to each person on whom the requirement is made; and

(b) that the notice specifies by when the requirement must be complied with; and

(c) that the notice specifies how any dispute concerning the terms of the required co‑operative arrangement is to be resolved; and

(d) that the notice specifies what action the Minister may take if the requirement is not complied with.

(4) For the purposes of subsection (3)(b), the Minister must allow a period of at least 90 days from the date the notice is given.