sec.446Deciding whether to grant licence

### sec.446 Deciding whether to grant licence The Minister may— subject to section 447A , decide to grant the applicant a petroleum facility licence only if— the applicant is an eligible person; and a relevant environmental authority for the licence has been issued; and before granting the licence, require the applicant to do all or any of the following within a stated reasonable period— pay the licence fee for the first year of the proposed licence; give, under section 488 , security for the licence. If the application relates to acquired land, see also section 30AC . If the applicant does not comply with a requirement under subsection (1) , the Minister may refuse to grant the licence. s 446 amd 2005 No. 57 s 13 ; 2011 No. 2 s 121 ; 2012 No. 20 s 111 (sec.446-ssec.1) The Minister may— subject to section 447A , decide to grant the applicant a petroleum facility licence only if— the applicant is an eligible person; and a relevant environmental authority for the licence has been issued; and before granting the licence, require the applicant to do all or any of the following within a stated reasonable period— pay the licence fee for the first year of the proposed licence; give, under section 488 , security for the licence. If the application relates to acquired land, see also section 30AC . (sec.446-ssec.2) If the applicant does not comply with a requirement under subsection (1) , the Minister may refuse to grant the licence. - (a) subject to section 447A , decide to grant the applicant a petroleum facility licence only if— (i) the applicant is an eligible person; and (ii) a relevant environmental authority for the licence has been issued; and - (i) the applicant is an eligible person; and - (ii) a relevant environmental authority for the licence has been issued; and - (b) before granting the licence, require the applicant to do all or any of the following within a stated reasonable period— (i) pay the licence fee for the first year of the proposed licence; (ii) give, under section 488 , security for the licence. - (i) pay the licence fee for the first year of the proposed licence; - (ii) give, under section 488 , security for the licence. - (i) the applicant is an eligible person; and - (ii) a relevant environmental authority for the licence has been issued; and - (i) pay the licence fee for the first year of the proposed licence; - (ii) give, under section 488 , security for the licence.