Victorian Current Acts Victorian Current Acts(1) This section applies if—
(a) the Minister publishes a notice under section 173(1) inviting applications for the grant of a petroleum production licence over a block; and
(b) at the end of the period specified in the notice, only one application has been made under section 173 in relation to the block.
(2) The Minister may—
(a) give the applicant a written notice (called an offer document ) telling the applicant that the Minister is prepared to grant the applicant a petroleum production licence over that block; or
(b) by written notice given to the applicant, reject the application.
Notes
1 Section 255 sets out additional requirements for offer documents (for example, a requirement that an offer document must contain a summary of conditions).
2 If the applicant breaches a requirement under section 254 to provide further information, the Minister may refuse to give the applicant an offer document—see section 254(3).