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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 302

Ranking of applicants for work‑bid greenhouse gas assessment permit

    (1)     For the purposes of section 300, the Minister may rank the applicants for a greenhouse gas assessment permit in the order in which, in the Minister's opinion, they are deserving of the grant of the greenhouse gas assessment permit, with the most deserving applicant being ranked highest.

    (2)     The Minister may exclude from the ranking any applicant who, in the Minister's opinion, is not deserving of the grant of the greenhouse gas assessment permit.

    (3)     If the Minister—

        (a)     has considered the information accompanying the applications; and

        (b)     is of the opinion that 2 or more of the applicants are equally deserving of the grant of the greenhouse gas assessment permit

the Minister may, by written notice given to each of those applicants, invite them to give the Minister—

        (c)     details (the work/expenditure details ) of their proposals for additional work and expenditure in relation to the block or blocks concerned; and

        (d)     any other information that is relevant in determining which of the applicants is most deserving of the grant of the greenhouse gas assessment permit.

    (4)     A notice under subsection (3) must specify—

        (a)     the kinds of work/expenditure details that the Minister considers to be relevant in determining which of the applicants is most deserving of the grant of the greenhouse gas assessment permit; and

        (b)     the kinds of other information that the Minister considers to be relevant in determining which of the applicants is most deserving of the grant of the greenhouse gas assessment permit; and

        (c)     the period within which the work/expenditure details and the other information must be given to the Minister.

    (5)     If an applicant gives work/expenditure details or other information to the Minister, and those details are or that information is—

        (a)     of a kind specified in the notice; and

        (b)     given within the period specified in the notice—

the Minister must have regard to the details or information in determining which of the applicants is most deserving of the grant of the greenhouse gas assessment permit.

Note

See also section 305, which deals with the effect of the withdrawal or lapse of an application.



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