sec.413Restriction on imposing takeover condition

### sec.413 Restriction on imposing takeover condition A pipeline licence may include a condition (a takeover condition ) that takeover action may be taken on grounds, or in circumstances, stated in the licence only if— the licence is a point-to-point pipeline licence; and the Minister is satisfied— an appropriate competitive tender process has been carried out to select the developer for the pipeline; and a contract to which the State and the applicant are parties provides for the imposition of the condition. In this section— takeover action means doing 1 or more of the following— cancelling the licence, other than by way of noncompliance action; transferring the pipeline to the State; taking over the construction of the pipeline; taking over the operation of the pipeline; transferring to the State the licence holder’s interest in pipeline land for the pipeline; transferring 1 or more of the following to an entity other than the State— the pipeline; the licence; the licence holder’s interest in pipeline land for the pipeline. (sec.413-ssec.1) A pipeline licence may include a condition (a takeover condition ) that takeover action may be taken on grounds, or in circumstances, stated in the licence only if— the licence is a point-to-point pipeline licence; and the Minister is satisfied— an appropriate competitive tender process has been carried out to select the developer for the pipeline; and a contract to which the State and the applicant are parties provides for the imposition of the condition. (sec.413-ssec.2) In this section— takeover action means doing 1 or more of the following— cancelling the licence, other than by way of noncompliance action; transferring the pipeline to the State; taking over the construction of the pipeline; taking over the operation of the pipeline; transferring to the State the licence holder’s interest in pipeline land for the pipeline; transferring 1 or more of the following to an entity other than the State— the pipeline; the licence; the licence holder’s interest in pipeline land for the pipeline. - (a) the licence is a point-to-point pipeline licence; and - (b) the Minister is satisfied— (i) an appropriate competitive tender process has been carried out to select the developer for the pipeline; and (ii) a contract to which the State and the applicant are parties provides for the imposition of the condition. - (i) an appropriate competitive tender process has been carried out to select the developer for the pipeline; and - (ii) a contract to which the State and the applicant are parties provides for the imposition of the condition. - (i) an appropriate competitive tender process has been carried out to select the developer for the pipeline; and - (ii) a contract to which the State and the applicant are parties provides for the imposition of the condition. - (a) cancelling the licence, other than by way of noncompliance action; - (b) transferring the pipeline to the State; - (c) taking over the construction of the pipeline; - (d) taking over the operation of the pipeline; - (e) transferring to the State the licence holder’s interest in pipeline land for the pipeline; - (f) transferring 1 or more of the following to an entity other than the State— (i) the pipeline; (ii) the licence; (iii) the licence holder’s interest in pipeline land for the pipeline. - (i) the pipeline; - (ii) the licence; - (iii) the licence holder’s interest in pipeline land for the pipeline. - (i) the pipeline; - (ii) the licence; - (iii) the licence holder’s interest in pipeline land for the pipeline.