sec.128Right to tender

### sec.128 Right to tender An eligible person may tender for a proposed petroleum lease the subject of a call for tenders. However, the tender— must comply with the requirements under section 118 for making an ATP-related application; and must be lodged; and can not be made— after the closing time for the call; or for only part of the area of the proposed petroleum lease. Also, if a process for appointing a preferred tenderer involving a cash bid component is to be used for deciding the call, the tender must be accompanied by the tenderer’s cash bid. s 128 amd 2011 No. 2 s 103 ; 2011 No. 2 s 121 ; 2012 No. 20 s 281 sch 2 ; 2013 No. 10 s 170 (sec.128-ssec.1) An eligible person may tender for a proposed petroleum lease the subject of a call for tenders. (sec.128-ssec.2) However, the tender— must comply with the requirements under section 118 for making an ATP-related application; and must be lodged; and can not be made— after the closing time for the call; or for only part of the area of the proposed petroleum lease. (sec.128-ssec.3) Also, if a process for appointing a preferred tenderer involving a cash bid component is to be used for deciding the call, the tender must be accompanied by the tenderer’s cash bid. - (a) must comply with the requirements under section 118 for making an ATP-related application; and - (b) must be lodged; and - (c) can not be made— (i) after the closing time for the call; or (ii) for only part of the area of the proposed petroleum lease. - (i) after the closing time for the call; or - (ii) for only part of the area of the proposed petroleum lease. - (i) after the closing time for the call; or - (ii) for only part of the area of the proposed petroleum lease.