Offshore Petroleum and Greenhouse Gas Storage Act 2010
299Grant of work‑bid greenhouse gas assessment permit—offer document
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299 Grant of work‑bid greenhouse gas assessment permit—offer document
(1) This section applies if an application for the grant of a greenhouse gas assessment permit has been made under section 297.
(a) give the applicant a notice (called an offer document) telling the applicant that the Minister is prepared to grant the applicant a greenhouse gas assessment permit over the block or blocks specified in the offer document; or
(b) by written notice given to the applicant, refuse to grant a greenhouse gas assessment permit to the applicant.
1 Section 462 sets out additional requirements for offer documents (for example, a requirement that an offer document must contain a summary of conditions).
2 If the applicant breaches a requirement under section 461 to provide further information, the Minister may refuse to give the applicant an offer document—see section 461(3).
(3) The Minister must make a decision under subsection (2) within 12 months after the end of the period specified in the relevant notice under section 297(1).