Offshore Petroleum and Greenhouse Gas Storage Act 2010
351Grant of special greenhouse gas holding lease—offer document
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351 Grant of special greenhouse gas holding lease—offer document
(1) This section applies if an application for a special greenhouse gas holding lease has been made under section 349.
(2) The Minister must give the applicant a written notice (called an offer document) telling the applicant that the Minister is prepared to grant the applicant a special greenhouse gas holding lease over the block or blocks covered by the application.
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).