Document ID: chunk:federal_register_of_legislation:C2024C00638:section:365
Version: federal_register_of_legislation:C2024C00638
Segment Type: section
Provision Reference: s 365
Character Range: 320145–320804

365  Joint Authority's response to application for approval
 (1) If an application is made under section 363, the Joint Authority may:
 (a) approve the transfer; or
 (b) refuse to approve the transfer.
 (2) The Joint Authority may, under paragraph (1)(a), approve the transfer on the conditions that it considers necessary or desirable in the public interest.
 (3) If the Joint Authority approves the transfer, the Designated Authority must endorse on:
 (a) the transfer document; and
 (b) a copy of the transfer document;
a record of the approval.
Note: A record of the approval will also be entered in the offshore mining register (see subsection 337(1)).