sec.71BATP storage testing

### sec.71B ATP storage testing Subject to section 72 , an authority to prospect holder may carry out testing for the storage of petroleum or a prescribed storage gas in a natural underground reservoir ( ATP storage testing ) within the area of the authority. However, it is a condition of the authority to prospect that— the holder gives the chief executive a notice, containing the information prescribed by regulation, in relation to the ATP storage testing within 20 business days after the testing starts; and the testing is carried out after the end date for the testing only with the Minister’s approval. Subject to subsection (4) , the Minister may, at any time, approve the carrying out after the end date for ATP storage testing (the original ATP storage testing ) of further ATP storage testing and the approval is subject to the conditions the Minister considers appropriate. An approval may not be given under subsection (3) more than 1 day before the end date for the original ATP storage testing. If the Minister decides not to approve the carrying out of further ATP storage testing, the Minister must give the authority to prospect holder an information notice about the decision. Despite subsections (1) to (3) , an authority to prospect holder must not— carry out GHG stream storage; or inject a GHG stream into the Great Artesian Basin for the purpose of enhanced petroleum recovery. s 71B ins 2014 No. 47 s 603 amd 2024 No. 33 s 162A (sec.71B-ssec.1) Subject to section 72 , an authority to prospect holder may carry out testing for the storage of petroleum or a prescribed storage gas in a natural underground reservoir ( ATP storage testing ) within the area of the authority. (sec.71B-ssec.2) However, it is a condition of the authority to prospect that— the holder gives the chief executive a notice, containing the information prescribed by regulation, in relation to the ATP storage testing within 20 business days after the testing starts; and the testing is carried out after the end date for the testing only with the Minister’s approval. (sec.71B-ssec.3) Subject to subsection (4) , the Minister may, at any time, approve the carrying out after the end date for ATP storage testing (the original ATP storage testing ) of further ATP storage testing and the approval is subject to the conditions the Minister considers appropriate. (sec.71B-ssec.4) An approval may not be given under subsection (3) more than 1 day before the end date for the original ATP storage testing. (sec.71B-ssec.5) If the Minister decides not to approve the carrying out of further ATP storage testing, the Minister must give the authority to prospect holder an information notice about the decision. (sec.71B-ssec.6) Despite subsections (1) to (3) , an authority to prospect holder must not— carry out GHG stream storage; or inject a GHG stream into the Great Artesian Basin for the purpose of enhanced petroleum recovery. - (a) the holder gives the chief executive a notice, containing the information prescribed by regulation, in relation to the ATP storage testing within 20 business days after the testing starts; and - (b) the testing is carried out after the end date for the testing only with the Minister’s approval. - (a) carry out GHG stream storage; or - (b) inject a GHG stream into the Great Artesian Basin for the purpose of enhanced petroleum recovery.