Conditions that apply to a feasibility licence

In force

(1)

A feasibility licence is subject to the following conditions:

(a)

a condition that the licence holder must comply with any requirement to pay an amount of offshore electricity infrastructure levy;

(b)

if the declaration that applies to the licence area requires the licence to be subject to conditions—those conditions;

(c)

any conditions prescribed by the licensing scheme;

(d)

a condition that the following people must comply with the management plan for the licence, if there is one:

(i)

the licence holder;

(ii)

any other person carrying out activities under this Act or the licence on behalf of the licence holder;

(e)

any conditions imposed on the licence under:

(i)

subsection (2); or

(ii)

subsection 38(1).

(2)

The Minister may, when granting a feasibility licence, impose such conditions on the licence as the Minister thinks fit.

(3)

Without limiting subsection (2), the conditions that the Minister may impose on a feasibility licence include conditions relating to any commercial licence that may be granted in relation to the feasibility licence.

Licence holder must comply with licence conditions

(4)

The holder of a feasibility licence must comply with the conditions of the licence.

This Act’s bill:Explanatory memorandum Second reading speech

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35 Conditions that apply to a feasibility licence