GREENHOUSE GAS GEOLOGICAL SEQUESTRATION ACT 2008 - SECT 14 Underground geological storage formation is the property of the Crown

GREENHOUSE GAS GEOLOGICAL SEQUESTRATION ACT 2008 - SECT 14

    (1)     The Crown owns all underground geological storage formations below the surface of any land in Victoria.

    (2)     Subsection (1) does not apply in relation to any land (other than Crown land) to the extent that the underground geological storage formation is within 15·24 metres of the surface of the land.

    (3)     Subsection (1) applies despite any prior alienation of Crown land.

    (4)     The Crown is not liable to pay any compensation in respect of a loss caused by the operation of this section.