Section 32
Transfer of obligations in relation to offshore storage
of Carbon Capture, Utilization and Storage Act 2025
Where a storage site has been closed pursuant to section 31, the obligations relating to monitoring, corrective measures and remediation measures shall be transferred to the Government and the Government shall issue a certificate to the offshore operator to document the transfer of obligations.
(2)
The transfer of all obligations to the Government under subsection (1) shall only occur if—
(a)
a prescribed period has lapsed from the issuance of the closure certificate under subsection 31(1); and
(b)
other prescribed conditions in the closure certificate have been fulfilled.
(3)
For the avoidance of doubt, the transfer of obligations to the Government referred to in subsection (1) shall not include the transfer of any criminal, contractual or civil law liability connected to the storage site attributable to the fault, negligence or deceit of the offshore operator, or failure of the offshore operator to exercise any due diligence.
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