Commonwealth Numbered Acts

OFFSHORE PETROLEUM ACT 2006 (NO. 14, 2006) - SECT 94

Scope

             (1)  This section applies if:

                     (a)  the Joint Authority publishes a notice under subsection 93(1) inviting applications for the grant of an exploration permit over a block or blocks; and

                     (b)  at the end of the period specified in the notice, only one application has been made under section 93 in relation to the block or blocks.

Offer document

             (2)  The Joint Authority may:

                     (a)  give the applicant a written notice (called an offer document ) telling the applicant that the Joint Authority is prepared to grant the applicant an exploration permit over that block or those blocks; or

                     (b)  by written notice given to the applicant, reject the application.

Note 1:       Section 223 sets out additional requirements for offer documents (for example, a requirement that an offer document must contain a summary of conditions).

Note 2:       If the applicant breaches a requirement under section 222 to provide further information, the Joint Authority may refuse to give the applicant an offer document—see subsection 222(3).