Northern Australia Infrastructure Facility Investment Mandate Direction 2016
13. Consultation13. Consultation
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13. Consultation
(1) The Facility must commence consultation with the relevant jurisdiction as soon as practicable after receiving an Investment Proposal.
(2) The relevant jurisdiction is:
(a) the State or Territory the infrastructure Project is located in for single jurisdiction Investment Proposals; or
(b) for Investment Proposals that cross jurisdictions, it is all jurisdictions where the Project takes place.
(3) Consultation with the relevant jurisdiction is to commence by providing them with a notification of assessment (‘assessment notification'), which includes:
(a) an outline of the details of the Project; and
(b) the Investment Proposal.
(4) The Facility must not make an Investment Decision if at any time the relevant jurisdiction provides written notification that financial assistance should not be provided to a Project.
(5) The Project Proponent will be informed of a decision not to progress an Investment Proposal within five (5) business days of the Facility receiving written notification, in accordance with subsection 13(4) of this Direction.