6For the surrender of a greenhouse gas assessment permit, see Part 3.10.

6 For the surrender of a greenhouse gas assessment permit, see Part 3.10.

7 For the cancellation of a greenhouse gas assessment permit, see Part 3.11.

Note 8 to s. 294 inserted by No. 26/2021 s. 23(2).

8 For a special rule about the extension of the duration of a greenhouse gas assessment permit if the permittee applies for a cross‑boundary greenhouse gas assessment permit, see section 296A.

Note 9 to s. 294 inserted by No. 26/2021 s. 23(2).

9 For a special rule about when a greenhouse gas assessment permit ceases to be in force following the grant of a consolidated work-bid greenhouse gas assessment permit, see section 305C.

295 Extension of greenhouse gas assessment permit if permittee applies for a declaration of an identified greenhouse gas storage formation

(a) a greenhouse gas assessment permit is in force; and

(b) before the time when the permit would, apart from this subsection, expire, the permittee applies to the Minister for a declaration of an identified greenhouse gas storage formation; and

(c) if the declaration were made in accordance with the application, the identified greenhouse gas storage formation would be wholly situated in the permit area—

the permit continues in force until whichever is the latest of the following times—

(d) if the Minister makes a declaration of an identified greenhouse gas storage formation that is wholly situated in the permit area—the end of the period of 12 months after the day on which the declaration is made;

(e) if the Minister refuses to make a declaration of an identified greenhouse gas storage formation that is wholly situated in the permit area—the time when notice of the refusal is given to the permittee;

(f) the time when the permit would, apart from this subsection, expire.

(2) Subsection (1) has effect subject to this Chapter, but despite section 294.

296 Extension of greenhouse gas assessment permit if permittee applies for a greenhouse gas holding lease or greenhouse gas injection licence

(a) a greenhouse gas assessment permit is in force over a block or blocks; and

(b) before the time when the permit would, apart from this subsection, expire, the permittee applies to the Minister for the grant of a greenhouse gas holding lease or greenhouse gas injection licence over the block or one or more of the blocks—

| Extension of permit | | | | Item | In this case... | the permit continues in force over the block or blocks covered by the application until... | | 1 | the Minister gives the permittee an offer document relating to a greenhouse gas holding lease or greenhouse gas injection licence over the block or one or more of the blocks | the lease or licence is granted, the permittee withdraws the application or the application lapses. | | 2 | the application is for a greenhouse gas holding lease and the Minister refuses to grant the lease to the permittee | the end of the period of 12 months after the day on which the notice of the refusal was given to the permittee. | | 3 | the application is for a greenhouse gas injection licence and the Minister refuses to grant the licence to the permittee on a ground covered by section 382(1)(c), (d), (e), (f) or (g) | the end of the period of 90 days after the day on which the notice of the refusal was given to the permittee. | | 4 | the application is for a greenhouse gas injection licence and the Minister refuses to grant the licence to the permittee on a ground not mentioned in item 3 | notice of the refusal is given to the permittee. |