Section 354 - Offshore Petroleum and Greenhouse Gas Storage Act 2010 - Ordinary greenhouse gas holding lease ceases to be in force when special greenhouse gas holding lease comes into force | Zoe

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Offshore Petroleum and Greenhouse Gas Storage Act 2010

354Ordinary greenhouse gas holding lease ceases to be in force when special greenhouse gas holding lease comes into force

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354 Ordinary greenhouse gas holding lease ceases to be in force when special greenhouse gas holding lease comes into force

When a special greenhouse gas holding lease under section 352 comes into force in relation to one or more blocks, a greenhouse gas holding lease (other than a special greenhouse gas holding lease) ceases to be in force to the extent to which it relates to those blocks.