Victorian Numbered Acts Victorian Numbered Acts(1) The Minister may grant an injection and monitoring licence in respect of land for which the holder of another injection and monitoring licence has surrendered the right to inject a greenhouse gas substance.
(2) A further injection and monitoring licence may only be granted in respect of land to which subsection (1) applies if the Minister is satisfied that granting a further licence—
(a) is in the public interest; and
(b) will not interfere with the post-injection monitoring and verification activities of the existing licence holder; and
(c) will not present a significant risk of contaminating or sterilising other resources in the proposed licence area.
(3) The Minister must consult with the existing licence holder before granting a further injection and monitoring licence under this section.
(4) If the Minister grants a further injection and monitoring licence under this section, the Minister must advise the existing licence holder in writing of that decision.