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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 307B

Grant of cross - boundary greenhouse gas assessment permit--offer document

Scope

  (1)   This section applies if an application for a greenhouse gas assessment permit has been made under section   307A.

Offer document

  (2)   The Cross - boundary Authority may:

  (a)   give the applicant a written notice (called an offer document ) telling the applicant that the Cross - boundary Authority is prepared to 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.

Note:   Section   430 sets out additional requirements for offer documents (for example, a requirement that an offer document must contain a summary of conditions).

  (3)   In deciding whether to give the applicant an offer document, the Cross - boundary Authority:

  (a)   must have regard to the matters specified in subsection   (4); and

  (b)   may have regard to any other matters the Cross - boundary Authority considers relevant.

  (4)   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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