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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 351

Grant of special greenhouse gas holding lease—offer document

    (1)     This section applies if an application for a special greenhouse gas holding lease has been made under section 349.

    (2)     The Minister must give the applicant a written notice (called an offer document ) telling the applicant that the Minister is prepared to grant the applicant a special greenhouse gas holding lease over the block or blocks covered by the application.

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).



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