sec.132Deciding whether to grant petroleum lease

### sec.132 Deciding whether to grant petroleum lease The Minister may, after the closing time for the call for tenders— grant a petroleum lease to 1 tenderer; or refuse to grant any petroleum lease. However— before deciding to grant the lease, the Minister must decide whether to approve the applicant’s proposed initial development plan for the lease; and the Minister can not grant the lease unless— the tenderer is an eligible person; and the proposed plan has been approved; and the Minister is satisfied the requirements for grant, other than the requirement mentioned in section 121 (1) (c) , have been complied with; and a relevant environmental authority for the lease has been issued. If a tender relates to acquired land, see also section 30AC . This section applies subject to section 123A . s 132 amd 2005 No. 57 s 7 ; 2011 No. 2 s 121 ; 2012 No. 20 s 92 (sec.132-ssec.1) The Minister may, after the closing time for the call for tenders— grant a petroleum lease to 1 tenderer; or refuse to grant any petroleum lease. (sec.132-ssec.2) However— before deciding to grant the lease, the Minister must decide whether to approve the applicant’s proposed initial development plan for the lease; and the Minister can not grant the lease unless— the tenderer is an eligible person; and the proposed plan has been approved; and the Minister is satisfied the requirements for grant, other than the requirement mentioned in section 121 (1) (c) , have been complied with; and a relevant environmental authority for the lease has been issued. If a tender relates to acquired land, see also section 30AC . (sec.132-ssec.3) This section applies subject to section 123A . - (a) grant a petroleum lease to 1 tenderer; or - (b) refuse to grant any petroleum lease. - (a) before deciding to grant the lease, the Minister must decide whether to approve the applicant’s proposed initial development plan for the lease; and - (b) the Minister can not grant the lease unless— (i) the tenderer is an eligible person; and (ii) the proposed plan has been approved; and (iii) the Minister is satisfied the requirements for grant, other than the requirement mentioned in section 121 (1) (c) , have been complied with; and (iv) a relevant environmental authority for the lease has been issued. - (i) the tenderer is an eligible person; and - (ii) the proposed plan has been approved; and - (iii) the Minister is satisfied the requirements for grant, other than the requirement mentioned in section 121 (1) (c) , have been complied with; and - (iv) a relevant environmental authority for the lease has been issued. - (i) the tenderer is an eligible person; and - (ii) the proposed plan has been approved; and - (iii) the Minister is satisfied the requirements for grant, other than the requirement mentioned in section 121 (1) (c) , have been complied with; and - (iv) a relevant environmental authority for the lease has been issued.