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Offshore Petroleum and Greenhouse Gas Storage Act 2010
327Standard conditions of greenhouse gas holding leases
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327 Standard conditions of greenhouse gas holding leases
(1) A greenhouse gas holding lease is subject to the conditions that—
(a) the lessee will not carry on key greenhouse gas operations under the lease unless—
(i) the Minister has approved the operations under section 329; and
(ii) the lessee complies with the conditions (if any) to which the approval is subject; and
(b) if the lessee is given a notice under section 489, the lessee will comply with the notice.
(2) Despite section 326(2), the conditions mentioned in this section do not need to be specified in the lease.