38Requirement to give notice before determining share components

38 Requirement to give notice before determining share components

38 Requirement to give notice before determining share components

(1) The Minister must comply with this section before making a final determination of the share component for a replacement floodplain harvesting access licence for an eligible floodplain landholder.

(2) The Minister must—

(a) give the eligible floodplain landholder written notice of the proposed share component (the first notice), and

(b) consider submissions, if any, received from the eligible floodplain landholder in accordance with the first notice.

(3) After considering the submissions, the Minister must decide whether or not to revise the proposed share component.

(4) If the revised share component is less than the amount of the proposed share component specified in the first notice, the Minister must—

(a) give the eligible floodplain landholder further written notice of the proposed share component (the further notice), and

(b) consider the submissions, if any, received from the eligible floodplain landholder in accordance with the further notice.

(5) A notice given to an eligible floodplain landholder under this section must include the following information—

(a) the amount of the proposed share component,

(b) that the eligible floodplain landholder may, within 28 days after receiving the notice, make submissions about the proposed share component,

(c) the method for making submissions,

(d) for a further notice—reasons for the reduction of the amount of the proposed share component specified in the first notice.