Commonwealth Consolidated Acts

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2006 - SECT 432

    If:

  (a)   an offer document specifies an amount that the applicant must pay to the Commonwealth for the grant of a cash - bid greenhouse gas assessment permit; and

  (b)   the applicant has not paid that amount within the period applicable under column 2 of the table in subsection   431(1);

the application lapses at the end of that period.