125
CurrentCall for tenders
Chapter 3GHG injection and storage leases
Part 3Obtaining GHG lease by competitive tender
Division 2Calls for tenders
125 Call for tenders
(1)
The Minister may by gazette notice invite tenders for a GHG lease (a call for tenders) for land other than unavailable land for a GHG lease.
(2)
The call must state—
(a)
the day and time by which tenders in response to it must be made (the closing time for the call); and
(b)
any criteria (special criteria) other than the development plan criteria and capability criteria proposed to be used to decide whether to grant the GHG lease or to decide its provisions.
(3)
The call may state other relevant matters, including for example, matters relevant to the development plan, capability or special criteria.
This Act’s bill:Explanatory memorandum
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