(1) If:
(a) an application for a greenhouse gas holding lease has been made under section 330; and
(b) the responsible Commonwealth Minister is not satisfied as to the matter referred to in paragraph 331(b) in relation to the block or blocks specified in the application;
the responsible Commonwealth Minister must, by written notice given to the applicant, refuse to grant a greenhouse gas holding lease to the applicant.
Note: Consultation procedures apply--see section 434.
(2) If:
(a) an application for a greenhouse gas holding lease has been made under section 330; and
(b) the responsible Commonwealth Minister is not satisfied of the matter referred to in paragraph 331(c);
the responsible Commonwealth Minister must, by written notice given to the applicant, refuse to grant a greenhouse gas holding lease to the applicant
Note: Consultation procedures apply--see section 434.
(3) If:
(a) an application for a greenhouse gas holding lease has been made under section 330; and
(b) the responsible Commonwealth Minister is not satisfied of the matters (if any) prescribed by the regulations for the purposes of paragraph 331(d);
the responsible Commonwealth Minister may, by written notice given to the applicant, refuse to grant a greenhouse gas holding lease to the applicant.
Note: Consultation procedures apply--see section 434.