Document ID: chunk:federal_register_of_legislation:C2024C00828:section:298
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 298
Character Range: 767543–769696

298  Grant of work‑bid greenhouse gas assessment permit—offer document

Scope
 (1) This section applies if an application for the grant of a greenhouse gas assessment permit has been made under section 296.

Offer document
 (2) The responsible Commonwealth Minister may:
 (a) give the applicant a written notice (called an offer document) telling the applicant that the responsible Commonwealth Minister is prepared to grant the applicant a greenhouse gas assessment permit over the block or blocks specified in the offer document; or
 (b) by written notice given to the applicant, refuse to grant a greenhouse gas assessment permit to the applicant.
Note 1: Section 430 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 429 to provide further information, the responsible Commonwealth Minister may refuse to give the applicant an offer document—see subsection 429(3).
 (2A) In deciding whether to give the applicant an offer document, the responsible Commonwealth Minister:
 (a) must have regard to the matters specified in subsection (2B); and
 (b) may have regard to any other matters the responsible Commonwealth Minister considers relevant.
 (2B) The matters are as follows:
 (a) whether the technical advice and financial resources available to the applicant are sufficient to:
 (i) carry out the operations and works that will be authorised by the permit; and
 (ii) discharge the obligations that will be imposed under this Act, or a legislative instrument under this Act, in relation to the permit;
 (b) the matters specified in section 695YB as they apply to the applicant;
 (c) if the applicant is a body corporate—the matters specified in section 695YB as they apply to an officer of the body corporate;
 (d) any other matters prescribed by the regulations.

Decision must be made within 12 months
 (3) The responsible Commonwealth Minister must make a decision under subsection (2) within 12 months after the end of the period specified in the relevant notice under subsection 296(1).