(a) a person does not acquire any property in a
GHG storage reservoir or petroleum in it only because the person creates or
discovers the reservoir; and
Note—
For other provisions about the ownership
of petroleum, see the P&G Act , sections 26 to 28 and chapter 2 , part 6 ,
division 3 .
(b) subsection (1) applies whether or not the land is freehold
or other land.
(3) This section applies despite any other Act, grant, title
or other document in force from the commencement of this section.