sec.75Sub-blocks that can not be counted towards relinquishment

sec.75 Sub-blocks that can not be counted towards relinquishment

The following can not be counted as sub-blocks relinquished for the relinquishment condition— sub-blocks relinquished under a condition imposed under section 69 (6) ; sub-blocks in an area that under section 48 , have ceased to be included in the GHG permit; the mere declaration of the sub-blocks as a potential storage area for the GHG permit; sub-blocks the subject of an application for a GHG lease or potential storage area; sub-blocks relinquished under a penalty relinquishment. To remove any doubt, it is declared that a potential storage area can be relinquished and can be counted as an area relinquished for the relinquishment condition. In this section— penalty relinquishment means a relinquishment that is— made under section 90 or under a requirement under section 379 (1) (b) ; and more than the sub-blocks required to be relinquished under the relinquishment condition. (sec.75-ssec.1) The following can not be counted as sub-blocks relinquished for the relinquishment condition— sub-blocks relinquished under a condition imposed under section 69 (6) ; sub-blocks in an area that under section 48 , have ceased to be included in the GHG permit; the mere declaration of the sub-blocks as a potential storage area for the GHG permit; sub-blocks the subject of an application for a GHG lease or potential storage area; sub-blocks relinquished under a penalty relinquishment. (sec.75-ssec.2) To remove any doubt, it is declared that a potential storage area can be relinquished and can be counted as an area relinquished for the relinquishment condition. (sec.75-ssec.3) In this section— penalty relinquishment means a relinquishment that is— made under section 90 or under a requirement under section 379 (1) (b) ; and more than the sub-blocks required to be relinquished under the relinquishment condition.

• (a) sub-blocks relinquished under a condition imposed under section 69 (6) ;
• (b) sub-blocks in an area that under section 48 , have ceased to be included in the GHG permit;
• (c) the mere declaration of the sub-blocks as a potential storage area for the GHG permit;
• (d) sub-blocks the subject of an application for a GHG lease or potential storage area;
• (e) sub-blocks relinquished under a penalty relinquishment.
• (a) made under section 90 or under a requirement under section 379 (1) (b) ; and
• (b) more than the sub-blocks required to be relinquished under the relinquishment condition.