sec.101Applying for potential storage area

sec.101 Applying for potential storage area

The holder of a GHG permit may apply for a declaration by the Minister that all or a stated part of its area is a potential storage area for the permit. The application must be— made to the Minister in the approved form; and accompanied by the fee prescribed under a regulation. The application may be made— for more than 1 part of the GHG permit’s area; and even if another part of the GHG permit’s area is already a potential storage area. The application must include— a report for or that includes the proposed potential storage area that— meets the requirements under section 246 for a GHG storage viability report; and is still relevant to the circumstances of the proposed potential storage area; and an evaluation program for— potential GHG stream storage in the proposed potential storage area; and market opportunities for potential GHG stream storage. However, subsection (4) (a) does not apply if— a GHG storage viability report or an independent viability assessment relates to or includes the proposed potential storage area; and the report or assessment is still relevant to the circumstances of the proposed potential storage area. s 101 amd 2010 No. 31 s 408 sch 2 pt 1 (sec.101-ssec.1) The holder of a GHG permit may apply for a declaration by the Minister that all or a stated part of its area is a potential storage area for the permit. (sec.101-ssec.2) The application must be— made to the Minister in the approved form; and accompanied by the fee prescribed under a regulation. (sec.101-ssec.3) The application may be made— for more than 1 part of the GHG permit’s area; and even if another part of the GHG permit’s area is already a potential storage area. (sec.101-ssec.4) The application must include— a report for or that includes the proposed potential storage area that— meets the requirements under section 246 for a GHG storage viability report; and is still relevant to the circumstances of the proposed potential storage area; and an evaluation program for— potential GHG stream storage in the proposed potential storage area; and market opportunities for potential GHG stream storage. (sec.101-ssec.5) However, subsection (4) (a) does not apply if— a GHG storage viability report or an independent viability assessment relates to or includes the proposed potential storage area; and the report or assessment is still relevant to the circumstances of the proposed potential storage area.

• (a) made to the Minister in the approved form; and
• (b) accompanied by the fee prescribed under a regulation.
• (a) for more than 1 part of the GHG permit’s area; and
• (b) even if another part of the GHG permit’s area is already a potential storage area.
• (a) a report for or that includes the proposed potential storage area that— (i) meets the requirements under section 246 for a GHG storage viability report; and (ii) is still relevant to the circumstances of the proposed potential storage area; and