Energy Resources Act 2000
Div 15Safety net
Start here
Get a plain-English read of Div 15
Turn the raw legal text into a practical explanation grounded in Energy Resources Act 2000.
Division 15—Safety net 94—Safety net (1) The Minister may enter into an agreement with a licensee— (a) that, if the licence should at some future time be found to be wholly or partially invalid due to circumstances beyond the control of the licensee, the licensee will have a preferential right to the grant of a new licence; and (b) dealing with the terms and conditions on which the new licence will be granted. (2) The Minister must consider any proposal by a licensee for an agreement under this section.