Document ID: chunk:federal_register_of_legislation:F2025C00122:reg:16
Version: federal_register_of_legislation:F2025C00122
Segment Type: reg
Provision Reference: reg 16
Character Range: 19022–19744

16  Financial standing
 (1) The application must include evidence of the applicant's financial standing and financial capacity to operate the launch facility, and to construct the launch facility if it is not already constructed.
 (2) The application must include a description of the applicant's system for financial management, including the methods that the applicant uses to ensure sound financial management.
 (3) The application must include a report from a qualified accountant (within the meaning of the Corporations Act 2001) on:
 (a) the applicant's financial capacity to operate the facility and, if applicable, construct the facility; and
 (b) the adequacy of the applicant's system for financial management.