(1) This section applies if an application for the grant of a greenhouse gas assessment permit has been made under section 297.
(2) The Minister may—
(a) give the applicant a notice (called an offer document ) telling the applicant that the Minister is prepared to grant the applicant a greenhouse gas assessment permit over the block or blocks specified in the offer document; or
(b) by written notice given to the applicant, refuse to grant a greenhouse gas assessment permit to the applicant.
Notes
1 Section 462 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 461 to provide further information, the Minister may refuse to give the applicant an offer document—see section 461(3).
(3) The Minister must make a decision under subsection (2) within 12 months after the end of the period specified in the relevant notice under section 297(1).