Victorian Current Acts

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OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE ACT 2010 - SECT 464

Acceptance of offer—payment

If—

        (a)     an offer document specifies an amount that the applicant must pay to the Commonwealth for the grant of a cash‑bid greenhouse gas assessment permit; and

        (b)     the applicant has not paid that amount within the period applicable under column 2 of the table in section 463(1)—

the application lapses at the end of that period.



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