Document ID: chunk:federal_register_of_legislation:C2021A00096:clause:3_27
Version: federal_register_of_legislation:C2021A00096
Segment Type: clause
Provision Reference: sch 3 cl 27
Character Range: 131902–132721

27  After subsection 155(4)
Insert:

Refusal on other grounds
 (4A) The Joint Authority must, by written notice given to the applicant, refuse to renew the lease if the Joint Authority is not satisfied that the technical advice and financial resources available to the applicant are sufficient to:
 (a) carry out the operations and works that will be authorised by the lease; and
 (b) discharge the obligations that will be imposed under this Act, or a legislative instrument under this Act, in relation to the lease.
Note: Consultation procedures apply—see section 262.
 (4B) The Joint Authority may, by written notice given to the applicant, refuse to renew the lease if the Joint Authority is not satisfied of the matters (if any) prescribed by the regulations.
Note: Consultation procedures apply—see section 262.