Greenhouse Gas Geological Sequestration Act 2008
83Minister to be satisfied of certain matters
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83 Minister to be satisfied of certain matters
(1) The Minister must not grant an injection and monitoring licence unless the Minister is satisfied that—
(a) the applicant has access to a commercially viable volume of greenhouse gas substance; and
(b) the underground geological storage formation is likely to be geologically suitable for the injection and permanent storage of the identified greenhouse gas substance; and
(c) the greenhouse gas substance is likely to be permanently contained in the area for which the licence is proposed to be granted.
(2) In granting an injection and monitoring licence, the Minister must also consider the chief factors specified in section 82.