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[s 6] Greenhouse Gas Storage Amendment Bill 2025 Page 14 Authorised by the Parliamentary Counsel Division 6 Other matters relating to converted water supply bores 477 Conversion report (1) Within 60 business days after the day a conversion certificate, relating to the conversion of a relevant GHG well into a water supply bore, is signed, CTSCo must give the chief executive a conversion report that complies with the requirements prescribed by transitional regulation for the report. Maximum penalty—100 penalty units. (2) Within 30 business days of receiving the report, the chief executive must give a copy of the report to the Water Act regulator. (3) A failure to comply with subsection (1) or (2) does not invalidate or otherwise affect the transfer of the water supply bore to which the conversion report relates. 478 Restriction on transfers of converted water supply bores (1) This section applies if— (a) the requirements stated in section 467(1)(a) to (e) have been complied with in relation to the conversion of a relevant GHG well into a water supply bore; and (b) CTSCo purports to transfer the bore other than under section 474. (2) The purported transfer is of no effect. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29

[s 6] Greenhouse Gas Storage Amendment Bill 2025 Page 15 Authorised by the Parliamentary Counsel Note— See section 472 for the continuing application of section 267 to the relevant GHG well if the requirements under section 467(1)(b) to (f) are partially complied with. 479 Water licence to take water for stock purposes (1) This section applies if— (a) the chief executive gives the Water Act regulator a copy of a notice of transfer relating to a water supply bore under section 476; and (b) the Water Act regulator considers the landowner for the water supply bore will take water for stock purposes using the bore. (2) The Water Act regulator must, within 60 business days of receiving the copy of the notice of transfer, grant a water licence, with or without conditions, to the landowner to take water for stock purposes using the bore. (3) The water licence must not allow the landowner to take water using the water supply bore unless the bore has a watertight delivery system within the meaning of the GAB Water Plan, section 29(2). Note— See also the GAB Water Plan, sections 26(2)(a) and 31(1). (4) For the GAB Water Plan, section 31(2), the water supply bore is taken to have been drilled after the commencement of the GAB Water Plan. (5) The GAB Water Plan, part 4, division 5 does not apply in relation to the granting of the water licence. (6) For the Water Act, section 116(2), the process mentioned in subsections (1) to (5) is taken to be stated in the GAB Water Plan. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35

[s 6] Greenhouse Gas Storage Amendment Bill 2025 Page 16 Authorised by the Parliamentary Counsel Note— See the Water Act, section 116(2) for when the Water Act regulator may grant a water licence without the need for an application to be made under section 107 of that Act. (7) In this section— stock purposes see the Water Act, schedule 4. water licence see the Water Act, schedule 4. Division 7 Other provisions 480 Relevant GHG well taken to be operating plant despite ending of former EPQ10 Despite the ending of former EPQ10 under section 454, a relevant GHG well is taken to be operating plant, under the P&G Act, section 670(2)(h), until— (a) the well is decommissioned from use under section 267(3), as modified by section 467(2); or (b) the conversion of the well into a water supply bore under this part is completed and section 475(1)(b) applies in relation to the bore. 481 No compensation payable by the State (1) No compensation is payable by the State to any person because of the enactment or operation of this part or anything done to carry out or give effect to this part. (2) This section applies despite any other Act or law. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28