126
CurrentRight to tender
Chapter 3GHG injection and storage leases
Part 3Obtaining GHG lease by competitive tender
Division 2Calls for tenders
126 Right to tender
(1)
An eligible person may tender for a proposed GHG lease the subject of a call for tenders.
(2)
However, a tender—
(a)
must comply with the requirements under section 114 for making a permit-related application; and
(b)
must be made to the Minister in the approved form; and
(c)
can not be made—
(i)
after the closing time for the call; or
(ii)
for only part of the area of the proposed GHG lease.
This Act’s bill:Explanatory memorandum
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