22AApplication for permits by way of cash bidding

#### 22A Application for permits by way of cash bidding (1) The Joint Authority may, by instrument published in the Gazette, invite applications by way of cash bidding for the grant by the Joint Authority of a permit in respect of the block or blocks specified in the instrument. (2) A block that has been specified in an instrument under subsection 20(1) inviting applications for the grant of a permit in respect of the block shall not be specified in an instrument under subsection (1) of this section at any time during the period specified in the first‑mentioned instrument. (3) An instrument published under subsection (1) shall: (a) specify a period within which applications may be made; (b) state whether the permit to be granted will be able to be renewed; (c) contain a summary of the conditions subject to which the permit is to be granted; and (d) specify the matters that the Joint Authority will take into account in determining whether to reject an application. (4) Where an instrument published under subsection (1) specifies more than one block, those blocks shall be constituted by graticular sections that: (a) constitute a single area; and (b) are such that each graticular section in that area has a side in common with at least one other graticular section in that area. (5) An application under this section: (a) shall be made within the period specified in the instrument published under subsection (1); (b) shall be in accordance with an approved form; (c) shall be made in an approved manner; (d) shall, where the instrument published under subsection (1) specifies more than one block, be an application for the grant of a permit in respect of all the blocks so specified; (e) shall be accompanied by particulars of: (i) the technical qualifications of the applicant and of the employees of the applicant; (ii) the technical advice available to the applicant; and (iii) the financial resources available to the applicant; (f) shall specify an amount that the applicant is prepared to pay in a single payment to the Commonwealth, in addition to the fee referred to in paragraph (h), in respect of the grant of a permit to the applicant on the application; (g) may set out any other matters that the applicant wishes to be considered; and (h) shall be accompanied by the prescribed fee. (6) The Designated Authority may, at any time, by instrument in writing served on the applicant, require the applicant to furnish, within the time specified in the instrument, further information in writing in connection with the application.