471Extension of term of greenhouse gas assessment permit or greenhouse gas holding lease—suspension of rights

471 Extension of term of greenhouse gas assessment permit or greenhouse gas holding lease—suspension of rights

(1) This section applies if rights conferred by a greenhouse gas assessment permit or greenhouse gas holding lease are suspended under section 470.

(2) The Minister may extend the term of the permit or lease by a period not more than the period of the suspension.

(a) in the notice of suspension; or

Division 2—Variation, suspension and exemption decisions relating to greenhouse gas search authorities and greenhouse gas special authorities

472 Variation, suspension and exemption—conditions of greenhouse gas search authorities and greenhouse gas special authorities

| 1 | a greenhouse gas special authority | a greenhouse gas special authority is in force over the whole or a part of a block that is the subject of a greenhouse gas assessment permit, greenhouse gas holding lease or greenhouse gas injection licence. | | 2 | a greenhouse gas special authority | the Minister varies a greenhouse gas special authority over a block that is the subject of a greenhouse gas assessment permit, greenhouse gas holding lease or greenhouse gas injection licence. | | 3 | a greenhouse gas search authority or greenhouse gas special authority | the registered holder of the authority applies in writing to the Minister for—<br>(a) a variation or suspension of any of the conditions to which the authority is subject; or<br>(b) exemption from compliance with any of the conditions to which the authority is subject. | | 4 | a greenhouse gas search authority or greenhouse gas special authority | the Minister gives a direction or consent to the registered holder of the authority under—<br>(a) this Chapter; or<br>(b) Chapter 6; or<br>(c) Part 8.1; or<br>(d) the regulations. |

(2) The Minister may, by written notice given to the registered holder of the authority—

(c) exempt the registered holder from compliance with—

any of the conditions to which the authority is subject, on such conditions (if any) as are specified in the notice.

Part 3.10—Surrender of titles

Division 1—Surrender of greenhouse gas assessment permits, greenhouse gas holding leases and greenhouse gas injection licences

473 Application for consent to surrender title

| Surrender | | | | Item | The registered holder of... | may apply to the Minister for consent to surrender... | | 1 | a greenhouse gas assessment permit | the permit. | | 2 | a greenhouse gas holding lease | the lease. | | 3 | a greenhouse gas injection licence | the licence as to some or all of the blocks in relation to which the licence is in force. |