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Petroleum and Gas (Production and Safety) Act 2004
sec.128Right to tender
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### 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.