Commonwealth Consolidated Acts

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 302B

Grant of consolidated work - bid greenhouse gas assessment permit

  (1)   If an application for a greenhouse gas assessment permit has been made under section   302A, the responsible Commonwealth Minister may:

  (a)   grant the greenhouse gas assessment permit; or

  (b)   by written notice given to the applicant, refuse to grant a greenhouse gas assessment permit to the applicant.

  (2)   In deciding whether to grant the greenhouse gas assessment permit to the applicant, the responsible Commonwealth Minister:

  (a)   must have regard to the matters specified in subsection   (3); and

  (b)   may have regard to any other matters the responsible Commonwealth Minister considers relevant.

  (3)   The matters are as follows:

  (a)   whether the technical advice and financial resources available to the applicant are sufficient to:

  (i)   carry out the operations and works that will be authorised by the permit; and

  (ii)   discharge the obligations that will be imposed under this Act, or a legislative instrument under this Act, in relation to the permit;

  (b)   any other matters prescribed by the regulations.



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