Greenhouse Gas Storage Act 2009
sec.385Consequence of failure to comply with relinquishment requirement
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sec.385 Consequence of failure to comply with relinquishment requirement
This section applies if— noncompliance action taken is a requirement under section 379 (1) (b) , of a GHG authority holder; and the requirement is not complied with. The Minister must give the holder a notice requiring the holder to comply with the requirement under section 379 (1) (b) within 20 business days after the giving of the notice. If the holder does not comply with the requirement under the notice, the GHG authority is cancelled. However, the cancellation does not take effect until the Minister gives the holder a notice stating that the GHG authority has been cancelled because of the operation of subsection (3) . (sec.385-ssec.1) This section applies if— noncompliance action taken is a requirement under section 379 (1) (b) , of a GHG authority holder; and the requirement is not complied with. (sec.385-ssec.2) The Minister must give the holder a notice requiring the holder to comply with the requirement under section 379 (1) (b) within 20 business days after the giving of the notice. (sec.385-ssec.3) If the holder does not comply with the requirement under the notice, the GHG authority is cancelled. (sec.385-ssec.4) However, the cancellation does not take effect until the Minister gives the holder a notice stating that the GHG authority has been cancelled because of the operation of subsection (3) .
- (a) noncompliance action taken is a requirement under section 379 (1) (b) , of a GHG authority holder; and
- (b) the requirement is not complied with.