27Offer of licence

27 Offer of licence

(1) If the Minister decides to grant a licence to an applicant, the Minister must offer the licence to the applicant. (2) The Minister may make the offer by arranging for the Registrar to give the offer to the applicant. (3) The offer must: (a) be in writing; and (b) specify the licence area for the licence (see also subsection (4) for feasibility licences); and (c) state the day on which the licence would come into force; and (d) state the end day of the licence; and (e) specify the conditions that would apply to the licence, including the requirement to pay any offshore electricity infrastructure levy; and (f) for a feasibility licence—specify the day on or before which the amount of the financial offer (if any) must be paid to the Commonwealth if the offer of the licence is accepted by the applicant; and (g) specify the day on or before which the offer must be accepted; and (h) state that, if the offer is not accepted by that day, the applicant’s application for the licence will lapse; and (i) specify the method for accepting the offer, which may include giving the acceptance or other information to the Registrar. (4) The licence area specified under paragraph (3)(b) for a feasibility licence must be the same as: (a) the area described in the application for the feasibility licence (see paragraph 10(2)(ba)); or (b) if the application for the feasibility licence has been revised and resubmitted under section 12 in accordance with section 13—the area described in the revised and resubmitted application.