Greenhouse Gas Storage Act 2009
sec.178Minister may require further report or work for surrender of GHG lease
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sec.178 Minister may require further report or work for surrender of GHG lease
Before deciding whether to approve the surrender of a GHG lease the Minister may by notice require the applicant to do either or both of the following— give the Minister a report about whether the risks associated with GHG stream storage under the GHG lease have been reduced as much as is reasonably practicable; carry out stated work to reduce the risks. The applicant must comply with the requirement. Maximum penalty—500 penalty units. Until the applicant complies with the requirement, the Minister need not decide the application. (sec.178-ssec.1) Before deciding whether to approve the surrender of a GHG lease the Minister may by notice require the applicant to do either or both of the following— give the Minister a report about whether the risks associated with GHG stream storage under the GHG lease have been reduced as much as is reasonably practicable; carry out stated work to reduce the risks. (sec.178-ssec.2) The applicant must comply with the requirement. Maximum penalty—500 penalty units. (sec.178-ssec.3) Until the applicant complies with the requirement, the Minister need not decide the application.
- (a) give the Minister a report about whether the risks associated with GHG stream storage under the GHG lease have been reduced as much as is reasonably practicable;
- (b) carry out stated work to reduce the risks.