Document ID: chunk:federal_register_of_legislation:C2024C00828:section:306
Version: federal_register_of_legislation:C2024C00828
Segment Type: section
Provision Reference: s 306
Character Range: 789350–790340

306  Grant of cash‑bid greenhouse gas assessment permit—2 or more applications

Scope
 (1) This section applies if:
 (a) the responsible Commonwealth Minister publishes a notice under subsection 303(1) inviting applications for the grant of a greenhouse gas assessment permit over a block or blocks; and
 (b) at the end of the period specified in the notice, 2 or more applications have been made under section 303 in relation to the block or blocks.

Rejection of applications
 (2) The responsible Commonwealth Minister may reject any or all of the applications.

Unrejected applications
 (3) If the responsible Commonwealth Minister does not reject all of the applications, the table has effect:

Unrejected applications
Item                     If...                                                                                                                                            the responsible Commonwealth Minister may give a written notice (called an offer document) to...