VICIn ForceAct
Greenhouse Gas Geological Sequestration Act 2008
72Application for licence
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72 Application for licence
The holder of an exploration permit or a retention lease may apply to the Minister for the grant of a greenhouse gas substance injection and monitoring licence in respect of any part of the permit or lease area on which the holder has discovered an underground geological storage formation likely to be geologically suitable for the permanent storage of a greenhouse gas substance and which is commercially viable for that purpose.