119
CurrentException for particular relevant arrangements
Chapter 3GHG injection and storage leases
Part 2Transition from GHG permit to GHG lease
Division 2Deciding permit-related applications
119 Exception for particular relevant arrangements
The application may be refused if the Minister—
(a)
is not satisfied of the matter under section 118(1)(f)(i); and
(b)
is satisfied the applicant has entered into a relevant arrangement, but the Minister reasonably believes—
(i)
the arrangement is not an arms-length commercial transaction; or
(ii)
supply under the arrangement is unlikely to be carried out.
This Act’s bill:Explanatory memorandum
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