sec.81Requirements for grant

### sec.81 Requirements for grant For section 80 , the requirements are the following— the applicant continues to be an eligible person; the proposed area of the proposed geothermal lease— is appropriate for the authorised activities proposed to be carried out; and contains adequately identified geothermal resources that are adequate for the geothermal lease’s proposed purpose; the relevant geothermal permit’s conditions have been substantially complied with; the Minister has approved the applicant’s proposed initial development plan for the geothermal lease; the relevant environmental authority has been issued; any relevant Water Act authorisation has been issued; the applicant has established that geothermal production in the geothermal lease’s area will or is likely to happen within 2 years after the lease is to take effect; the applicant has paid the annual rent for the first year of the proposed geothermal lease; the applicant has, under section 204 , given security for the geothermal lease; the Minister is of the opinion that the applicant is capable (the capability criteria ) of carrying out authorised activities for the geothermal lease having regard to the applicant’s— financial and technical resources; and ability to manage geothermal production. - (a) the applicant continues to be an eligible person; - (b) the proposed area of the proposed geothermal lease— (i) is appropriate for the authorised activities proposed to be carried out; and (ii) contains adequately identified geothermal resources that are adequate for the geothermal lease’s proposed purpose; - (i) is appropriate for the authorised activities proposed to be carried out; and - (ii) contains adequately identified geothermal resources that are adequate for the geothermal lease’s proposed purpose; - (c) the relevant geothermal permit’s conditions have been substantially complied with; - (d) the Minister has approved the applicant’s proposed initial development plan for the geothermal lease; - (e) the relevant environmental authority has been issued; - (f) any relevant Water Act authorisation has been issued; - (g) the applicant has established that geothermal production in the geothermal lease’s area will or is likely to happen within 2 years after the lease is to take effect; - (h) the applicant has paid the annual rent for the first year of the proposed geothermal lease; - (i) the applicant has, under section 204 , given security for the geothermal lease; - (j) the Minister is of the opinion that the applicant is capable (the capability criteria ) of carrying out authorised activities for the geothermal lease having regard to the applicant’s— (i) financial and technical resources; and (ii) ability to manage geothermal production. - (i) financial and technical resources; and - (ii) ability to manage geothermal production. - (i) is appropriate for the authorised activities proposed to be carried out; and - (ii) contains adequately identified geothermal resources that are adequate for the geothermal lease’s proposed purpose; - (i) financial and technical resources; and - (ii) ability to manage geothermal production.