Commonwealth Consolidated Acts

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 302

Scope

  (1)   This section applies if:

  (a)   2 or more applications have been made under section   296 for the grant of a greenhouse gas assessment permit over the same block or blocks; and

  (b)   one or more, but not all, of the applications are withdrawn or have lapsed.

Application is taken not to have been made

  (2)   A withdrawn or lapsed application is taken not to have been made.

Offer document is taken not to have been given

  (3)   If the responsible Commonwealth Minister gave an offer document in relation to a withdrawn or lapsed application, the responsible Commonwealth Minister is taken not to have given an offer document in relation to the withdrawn or lapsed application.

Request to grant greenhouse gas assessment permit

  (4)   If the applicant, or one of the applicants, whose application had been withdrawn had requested the responsible Commonwealth Minister under section   431 to grant a greenhouse gas assessment permit to the applicant concerned, the request is taken not to have been made.

Discharge of security

  (5)   If:

  (a)   the offer document in relation to a withdrawn application specified the form and amount of a security to be lodged by the applicant; and

  (b)   the applicant had lodged the security;

the security is discharged.

Refusal to grant greenhouse gas assessment permit

  (6)   If the following conditions are satisfied in relation to a remaining applicant:

  (a)   the responsible Commonwealth Minister had refused to grant a greenhouse gas assessment permit to the remaining applicant;

  (b)   the responsible Commonwealth Minister did not exclude the remaining applicant from the ranking under subsection   299(8);

the refusal is taken not to have occurred.