465
CurrentPurpose of part
Chapter 8Transitional provisions
Part 8Transitional provisions for Greenhouse Gas Storage Amendment Act 2025
Division 1Preliminary
465 Purpose of part
The purpose of this part is—
(a)
to permit CTSCo to do both of the following in relation to a relevant GHG well as an alternative to decommissioning the well from use under section 267, as modified by section 456—
(i)
convert the relevant GHG well into a water supply bore;
(ii)
transfer the bore to the landowner for the bore; and
(b)
to make provision for the way a relevant GHG well is to be plugged and abandoned for section 267(3)(a).
This Act’s bill:Explanatory memorandum
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