Victorian Current Acts

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 305

Effect of withdrawal or lapse of application

    (1)     This section applies if—

        (a)     2 or more applications have been made under section 297 for the grant of a greenhouse gas assessment permit over the same block or blocks; and

        (b)     one or more, but not all, of the applications are withdrawn or have lapsed.

    (2)     A withdrawn or lapsed application is taken not to have been made.

    (3)     If the Minister gave an offer document in relation to a withdrawn or lapsed application, the Minister is taken not to have given an offer document in relation to the withdrawn or lapsed application.

    (4)     If the applicant, or one of the applicants, whose application had been withdrawn had requested the Minister under section 463 to grant a greenhouse gas assessment permit to the applicant concerned, the request is taken not to have been made.

    (5)     If—

        (a)     the offer document in relation to a withdrawn application specified the form and amount of a security to be lodged by the applicant; and

        (b)     the applicant had lodged the security—

the security is discharged.

    (6)     If the following conditions are satisfied in relation to a remaining applicant—

        (a)     the Minister had refused to grant a greenhouse gas assessment permit to the remaining applicant;

        (b)     the Minister did not exclude the remaining applicant from the ranking under section 302(2)—

the refusal is taken not to have occurred.

Division 3 —Obtaining a cash‑bid greenhouse gas assessment permit



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