Offshore Petroleum and Greenhouse Gas Storage Legislation Amendment Act 2009 (102 of 2009)

Schedule 1   Amendments

Part 13   Greenhouse gas storage

Offshore Petroleum and Greenhouse Gas Storage Act 2006

62   After subsection 374(4)

Insert:

(4A) If:

(a) the licence was granted under section 372 to the registered holder of a petroleum production licence on the basis that the responsible Commonwealth Minister was satisfied of the matter set out in subparagraph 370(c)(i); and

(b) the responsible Commonwealth Minister is satisfied that it is in the public interest to do so;

the responsible Commonwealth Minister may exercise the power of variation conferred by subsection (3) as if the licence had been granted on the basis that the responsible Commonwealth Minister had been satisfied of the matter set out in subparagraph 370(c)(ii).