Document ID: chunk:federal_register_of_legislation:C2024C00828:section:349:p2
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 349 (pt 2/2)
Character Range: 960987–962199

and
 (d) the lease would, apart from this subsection, expire within 12 months after the notice was given;
the lease continues in force until the end of the 12‑month period beginning on the day on which the notice was given.
 (6) Subsections (4) and (5) have effect subject to this Chapter but despite section 322.
Note: See the notes at the end of section 322.

Refusal on other grounds
 (7) The responsible Commonwealth Minister must, by written notice given to the applicant, refuse to renew the lease if the responsible Commonwealth Minister 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 434.
 (8) The responsible Commonwealth Minister may, by written notice given to the applicant, refuse to renew the lease if the responsible Commonwealth Minister is not satisfied of the matters (if any) prescribed by the regulations.
Note: Consultation procedures apply—see section 434.