Greenhouse Gas Storage Act 2009
sec.190Approval does not confer right to surrender or renew
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sec.190 Approval does not confer right to surrender or renew
This section applies if the term of a GHG coordination arrangement is longer than the current term of any relevant lease for the arrangement. To remove any doubt, it is declared that the approval of the arrangement does not impose an obligation or create a right— to approve a surrender application for a GHG lease; or to renew any other type of relevant lease. (sec.190-ssec.1) This section applies if the term of a GHG coordination arrangement is longer than the current term of any relevant lease for the arrangement. (sec.190-ssec.2) To remove any doubt, it is declared that the approval of the arrangement does not impose an obligation or create a right— to approve a surrender application for a GHG lease; or to renew any other type of relevant lease.
- (a) to approve a surrender application for a GHG lease; or
- (b) to renew any other type of relevant lease.