QLDIn ForceAct
Petroleum and Gas (Production and Safety) Act 2004
sec.209Obligation to negotiate with proposed users
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### sec.209 Obligation to negotiate with proposed users
A person (a proposed user ) may give the lease holder or existing user a notice requiring the holder or existing user to, within a stated reasonable time, start negotiations to attempt to reach a storage agreement for available storage capacity for the reservoir.
Subject to section 210 , the holder or existing user must negotiate in good faith with the proposed user to attempt to reach a fair and reasonable storage agreement with the proposed user.
Maximum penalty for subsection (2) —500 penalty units.
(sec.209-ssec.1) A person (a proposed user ) may give the lease holder or existing user a notice requiring the holder or existing user to, within a stated reasonable time, start negotiations to attempt to reach a storage agreement for available storage capacity for the reservoir.
(sec.209-ssec.2) Subject to section 210 , the holder or existing user must negotiate in good faith with the proposed user to attempt to reach a fair and reasonable storage agreement with the proposed user. Maximum penalty for subsection (2) —500 penalty units.