Greenhouse Gas Storage Act 2009

Subject to this section, section 41 applies to the renewed GHG permit as if it were a GHG permit granted under part 2.

To remove any doubt, it is declared that the conditions of the renewed GHG permit may be different from the conditions or other provisions of the GHG permit being renewed.

The area of the renewed GHG permit must not be more than the area of the GHG permit being renewed immediately before the renewed GHG permit is to take effect.

The first relinquishment day for the renewed GHG permit must not be later than 4 years after the day the renewed GHG permit is to take effect.

If the renewed GHG permit is decided before the end of the term of the GHG permit being renewed as stated in that GHG permit (the previous term), the term of the renewed GHG permit is taken to start from the end of the previous term.

If the renewed GHG permit is decided after the previous term, the term of the renewed GHG permit starts immediately after the end of the previous term, but—

the conditions of the renewed GHG permit do not start until its holder is given notice of them; and

until the notice is given, the conditions of the GHG permit being renewed apply to the renewed GHG permit as if they were its conditions.

The term of the renewed GHG permit must not end more than 12 years from when it originally took effect.

However, if any part of the renewed GHG permit’s area is a potential storage area, the term of the renewed GHG permit for that part may be for a longer period that—

ends no later than when the declaration ends; and

is no more than the last term of the GHG permit being renewed.

To remove any doubt, it is declared that subsection (8)(b) does not prevent a renewal of the renewed GHG permit.