27DApplication of provisions to tenders

27D Application of provisions to tenders (1) The application process under Division 2 does not apply to a tender under this Division except as provided in this section. (2) Sections 24, 25, 25A and 26 apply to a tender for a licence as if the successful tenderer were an applicant for the licence. S. 27D(2A) inserted by No. 59/2010 s. 17(1). (2A) In addition, section 26(2) applies to an exploration licence or a mining licence or retention licence granted to a successful tenderer under this Division (an ***initial licence***), and any other mining licence or retention licence granted under the Act covering some or all of the land covered by the initial licence, as if after paragraph (d) there were inserted— "(da) technology and project development milestones.". S. 27D(3) amended by Nos 59/2010 s. 17(2), 68/2014 s. 33. (3) Without limiting subsection (2), the Minister must not grant a licence to a person who has submitted a tender unless the Minister is satisfied that the person meets the requirements listed in section 15(6) and (6A). S. 27D(4) inserted by No. 59/2010 s. 17(3). (4) In addition, without limiting subsection (2), the Minister must not grant an exploration licence or a mining licence or retention licence to a person who has submitted a tender unless the Minister is satisfied that the person meets the requirements in section 16. S. 27E inserted by No. 63/2006 s. 15.