Offshore Electricity Infrastructure Act 2021

This section applies if an application is made for approval of a change in control of a licence holder under section 86.

The Registrar must decide:

to approve the change in control; or

to refuse to approve the change in control.

The applicant must be notified of the decision (see section 88).

Before deciding whether to approve or refuse to approve a change in control, the Registrar may consult with:

the Regulator; or

the Minister.

In deciding whether to approve or refuse to approve a change in control, the Registrar:

must have regard to whether the licence would, if the change in control occurred, meet the merit criteria; and

must have regard to any matters prescribed by the licensing scheme; and

may have regard to the following matters:

matters raised in consultations (if any) under subsection (3);

matters prescribed by the licensing scheme;

any other matters the Registrar considers relevant.