Offshore Petroleum and Greenhouse Gas Storage Act 2006

This section applies if, under section 439A, the Cross‑boundary Authority decides to suspend any of the conditions to which a cross‑boundary greenhouse gas assessment permit or cross‑boundary greenhouse gas holding lease is subject.

If the Cross‑boundary Authority considers that the circumstances make it reasonable to do so, the Cross‑boundary Authority may extend the term of the permit or lease by a period that the Cross‑boundary Authority considers appropriate.

In considering what period of extension may be appropriate, the Cross‑boundary Authority must have regard to:

the length of the period of suspension; and

such other matters (if any) as the Cross‑boundary Authority considers relevant.

The extension may be:

in the notice of suspension; or

by a later written notice given to the permittee or lessee.

Subsection (2) has effect subject to this Chapter but despite:

in the case of a cross‑boundary greenhouse gas assessment permit—section 293; and

in the case of a cross‑boundary greenhouse gas holding lease—section 322.

See the notes at the end of sections 293 and 322.