308Grant of cash‑bid greenhouse gas assessment permit—only one application

308 Grant of cash‑bid greenhouse gas assessment permit—only one application

(a) the Minister publishes a notice under section 306(1) inviting applications for the grant of a greenhouse gas assessment permit over a block or blocks; and

(b) at the end of the period specified in the notice, only one application has been made under section 306 in relation to the block or blocks.

(a) give the applicant a written notice (called an offer document) telling the applicant that the Minister is prepared to grant the applicant a greenhouse gas assessment permit over that block or those blocks; or

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).