174Joint Authority may defer taking action on application for petroleum production licence if there is a pending application for a greenhouse gas assessment permit

#### 174 Joint Authority may defer taking action on application for petroleum production licence if there is a pending application for a greenhouse gas assessment permit Scope (1) This section applies if: (a) an application for the grant of a petroleum production licence has been made under: (i) section 168 or 170; or (ii) clause 2 or 4 of Schedule 4; and (b) assuming that the applicant were granted a petroleum production licence over the block or blocks as to which the Joint Authority is so satisfied as mentioned in paragraph 171(1)(b), the petroleum production licence would be a post‑commencement petroleum production licence; and (c) when the application for the grant of the petroleum production licence was made, an application for a greenhouse gas assessment permit was being considered by the responsible Commonwealth Minister; and (d) the Joint Authority is satisfied that it would be in the public interest to defer taking any action under section 171 or 173 in relation to the application for the grant of the petroleum production licence until the application for the greenhouse gas assessment permit is finalised. Deferral (2) The Joint Authority must not take any action under section 171 or 173 in relation to the application for the grant of the petroleum production licence until 24 hours after whichever of the following events happens first: (a) the responsible Commonwealth Minister grants a greenhouse gas assessment permit to the applicant for the permit; (b) the application for the greenhouse gas assessment permit lapses; (c) the responsible Commonwealth Minister refuses to grant a greenhouse gas assessment permit to the applicant for the permit.