Victorian Current Acts

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 299

Grant of work‑bid greenhouse gas assessment permit—offer document

    (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).



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