This Part sets out requirements in relation to reporting about events, known as reportable incidents, in relation to identified greenhouse gas storage formations.

If a greenhouse gas injection licensee becomes aware of the occurrence of a reportable incident, the licensee must notify the responsible Commonwealth Minister and provide a report to the responsible Commonwealth Minister in relation to the reportable incident. The licensee must also give notice, and copies of reports, to the responsible Minister of the jurisdiction in whose offshore area the reportable incident occurred.

Offences and civil penalties apply in relation to contravening the requirements of this Part.