VICIn ForceAct
Petroleum Act 1998
51Applications
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51 Applications
In addition to complying with section 96, an applicant for a licence offered under this Division—
(a) must submit details of—
(iii) the financial resources available to it; and
(b) must include in the application anything else required in the invitation; and
(c) if the invitation requires applicants to specify a cash bid for the licence, must be accompanied by a deposit of 10% of the amount bid.