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Section 24

of Carbon Capture, Utilization and Storage Act 2025

ActIn forceProvision 24 of 53

Section 24

(1)

No person shall carry out any offshore geological assessment of any potential storage complex or geological formation in offshore areas without an offshore assessment permit granted by the Agency.

(2)

An application for an offshore assessment permit under subsection (1) shall be made to the Agency in such manner and accompanied by such fees as may be prescribed.

(3)

An application for an offshore assessment permit under this section may be withdrawn at any time before the offshore assessment permit is granted or refused.

(4)

The Agency may at any time after the receipt of an application under subsection (2) and before the application is determined, by a written notice, require the applicant to provide any additional documents or information within the period as specified.

(5)

Any person who contravenes subsection (1) commits an offence and shall, on conviction, be liable to imprisonment for a term not exceeding three years or to a fine not exceeding one million ringgit or to both.