67Renewal of lease

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67 Renewal of lease

(1) The Minister may renew a retention lease for a further period not exceeding 5 years from the date of its expiry.

(2) The Minister may renew a retention lease that has been renewed under subsection (1) for a further period not exceeding 5 years from the date the renewed lease expired.

(3) The Minister may only renew a retention lease under subsection (2) once.

Section 67 - Greenhouse Gas Geological Sequestration Act 2008 - Renewal of lease | Zoe