Document ID: chunk:federal_register_of_legislation:C2021A00096:clause:3_152
Version: federal_register_of_legislation:C2021A00096
Segment Type: clause
Provision Reference: sch 3 cl 152
Character Range: 198326–199215

152  At the end of section 349
Add:

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.