255Offer documents

255 Offer documents

(1) This section applies to an offer document that relates to an application for—

(c) the grant or renewal of a petroleum production licence; or

(d) the grant of an infrastructure licence; or

(e) the grant of a pipeline licence.

(2) The offer document must contain—

(a) a summary of the conditions to which the permit, lease or licence will be subject; and

(b) a statement to the effect that the application will lapse if the applicant does not make a request under section 256.

(3) If the offer document relates to an application for the grant of a cash‑bid petroleum exploration permit, the offer document must—

(a) specify the amount that the applicant must pay for the permit; and

(b) contain a statement to the effect that the application will lapse if the applicant does not pay the amount to the State within the period allowed for making a request under section 256.

(4) If the offer document relates to an application for the grant of a special petroleum exploration permit, the offer document must—

(a) specify the balance of the amount that the applicant must pay for the permit; and

(b) contain a statement to the effect that the application will lapse if the applicant does not pay the balance to the State within the period allowed for making a request under section 256.

(5) If the offer document is given under section 176 to an applicant for a petroleum production licence, the offer document must—

(a) specify the balance of the amount that the applicant must pay for the licence; and

(b) contain a statement to the effect that the application will lapse if the applicant does not pay the balance to the State within the period allowed for making a request under section 256.