sec.104Term of declaration

sec.104 Term of declaration

A declaration of a potential storage area continues in force for the period stated in the declaration. The period can not be more than 10 years. In deciding a shorter period the Minister must consider— when any discovery of a GHG stream storage site was made; and any GHG storage viability report or independent viability assessment for or that includes the proposed potential storage area. Despite subsection (1) , the declaration ceases if the GHG permit holder gives the chief executive a notice stating that the holder no longer wishes the area to be a potential storage area. For other relevant provisions about giving a document to the chief executive, see section 411 . s 104 amd 2010 No. 31 s 408 sch 2 pt 1 ; 2012 No. 20 s 281 sch 2 (sec.104-ssec.1) A declaration of a potential storage area continues in force for the period stated in the declaration. (sec.104-ssec.2) The period can not be more than 10 years. (sec.104-ssec.3) In deciding a shorter period the Minister must consider— when any discovery of a GHG stream storage site was made; and any GHG storage viability report or independent viability assessment for or that includes the proposed potential storage area. (sec.104-ssec.4) Despite subsection (1) , the declaration ceases if the GHG permit holder gives the chief executive a notice stating that the holder no longer wishes the area to be a potential storage area. For other relevant provisions about giving a document to the chief executive, see section 411 .

• (a) when any discovery of a GHG stream storage site was made; and
• (b) any GHG storage viability report or independent viability assessment for or that includes the proposed potential storage area.