Victorian Numbered Acts

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GREENHOUSE GAS GEOLOGICAL SEQUESTRATION ACT 2008 (NO. 61 OF 2008) - SECT 105

What compensation is payable for—resource authority holders

    Compensation is payable by the holder of an injection and monitoring licence to any holder of a resource authority for any loss or damage that has been, or will be, sustained in relation to the land or resource as a direct, natural and reasonable consequence of the carrying out of any activity under the injection and monitoring plan including for—

        (a)     deprivation of access to the resource; and

        (b)     loss of opportunity to recover or use the resource.



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