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Petroleum and Gas (Production and Safety) Act 2004
sec.38Right to terminate call for tenders
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### sec.38 Right to terminate call for tenders
The Minister may, by gazette notice, terminate a call for tenders at any time before deciding to grant an authority to prospect to a person who has made a tender in response to the call.
All tenders in response to the call lapse when the call is terminated.
No amount, whether by way of compensation, reimbursement or otherwise is payable by the State to any person for or in connection with the termination.
However, subject to sections 40 (4) and 845 (5) , the Minister must refund any tender security given by the tenderer.
s 38 amd 2013 No. 10 s 165
(sec.38-ssec.1) The Minister may, by gazette notice, terminate a call for tenders at any time before deciding to grant an authority to prospect to a person who has made a tender in response to the call.
(sec.38-ssec.2) All tenders in response to the call lapse when the call is terminated.
(sec.38-ssec.3) No amount, whether by way of compensation, reimbursement or otherwise is payable by the State to any person for or in connection with the termination.
(sec.38-ssec.4) However, subject to sections 40 (4) and 845 (5) , the Minister must refund any tender security given by the tenderer.