GHG coordination arrangements that may be made
186 GHG coordination arrangements that may be made
The holder of a GHG lease may make an arrangement with the holder of an overlapping authority for the GHG lease about GHG stream storage under the lease.
A person who proposes to enter into a lease of a type mentioned in subsection (1) may enter into an arrangement mentioned in subsection (1).
An arrangement of a type mentioned in subsection (1) that under section 189, has taken effect and has not ceased to operate according to its terms and has not been cancelled under this part is a GHG coordination arrangement.
A lease or proposed lease of a type mentioned in subsection (1) is a relevant lease for a GHG coordination arrangement.
This Act’s bill:Explanatory memorandum
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