Document ID: chunk:federal_register_of_legislation:C2024C00828:section:335d
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 335D
Character Range: 920397–921369

335D  Grant of cross‑boundary greenhouse gas holding lease
  If:
 (a) an applicant has been given an offer document under section 335B; and
 (b) the applicant has made a request under section 431A in relation to the offer document within the period applicable under that section; and
 (c) if the offer document specified the form and amount of a security to be lodged by the applicant—the applicant has lodged the security within the period applicable under section 433;
the Cross‑boundary Authority must grant the applicant a greenhouse gas holding lease over the block or blocks specified in the offer document.
Note 1: If the applicant does not make a request under section 431A within the period applicable under that section, the application lapses at the end of that period—see subsection 431A(4).
Note 2: If the applicant has not lodged the security within the period applicable under section 433, the application lapses at the end of that period—see section 433.