Greenhouse Gas Storage Act 2009

The Minister may require a preferred tenderer for the call for tenders to—

pay any amounts necessarily incurred or to be incurred to enable the GHG permit to be granted; and

to do all or any of the following within a stated reasonable period—

pay the annual rent for the first year of the GHG permit;

give under section 271, security for the GHG permit.

If a preferred tenderer does not—

comply with a requirement under subsection (1); or

do all things reasonably necessary to allow a GHG permit to be granted to the tenderer;