14Applications for feasibility licences that overlap after opportunity to revise and resubmit—Minister may determine financial offer groups

14 Applications for feasibility licences that overlap after opportunity to revise and resubmit—Minister may determine financial offer groups

(1) This section applies if: (a) the Registrar has invited 2 or more applicants from an overlapping application group to revise and resubmit their applications under subsection 12(2) (whether or not any of those applicants have done so); and (b) the day specified in the invitation under paragraph 12(3)(e) has passed. (2) The Minister may determine that a group of 2 or more of the applications forms a financial offer group if: (a) each application in the group overlaps at least one other application in the group; and (b) the licence areas proposed by all of the applications in the group (including parts of those areas that overlap, and parts that do not overlap) together form a continuous area; and (c) the Minister is satisfied that, if not for the overlap or overlaps, a feasibility licence could be offered in response to each of the applications in the group.

Note 1: For example, if applications A and B overlap each other, and applications B and C overlap each other, applications A, B and C may be in a financial offer group even if applications A and C do not overlap.

Note 2: For when applications overlap, see section 4.

(3) If the Registrar has made more than one invitation under subsection 12(2) as a result of a particular invitation by the Minister under section 9, the Minister may make a determination under subsection (2) of this section only after the end of the latest day specified under paragraph 12(3)(e) in any of the invitations under subsection 12(2). (4) To avoid doubt, the Minister may make more than one determination under subsection (2) in relation to a particular invitation under subsection 12(2) for applicants from an overlapping application group to revise and resubmit their applications.