Document ID: chunk:federal_register_of_legislation:C2025C00179:section:62
Version: federal_register_of_legislation:C2025C00179
Segment Type: section
Provision Reference: s 62
Character Range: 102791–104070

62  Merit criteria for a transmission and infrastructure licence
 (1) For the purposes of this Act, a transmission and infrastructure licence held or applied for by an eligible person meets the merit criteria if:
 (a) the eligible person has the technical and financial capability to carry out the offshore infrastructure project that is proposed to be carried out under the licence; and
 (b) the offshore infrastructure project is likely to be viable; and
 (c) the eligible person is suitable to hold the licence; and
 (d) any criteria prescribed by the licensing scheme are satisfied.
 (2) The licensing scheme may provide for:
 (a) matters that may or must be considered in any decision under this Act about whether a transmission and infrastructure licence meets the merit criteria; and
 (b) the suitability of an eligible person to hold a transmission and infrastructure licence to be assessed with regard to the suitability of other persons (including another person that controls the eligible person); and
 (c) procedures for making decisions under this Act about whether a transmission and infrastructure licence meets the merit criteria; and
 (d) how subsection (1) is to be applied to an offshore infrastructure project that has begun to be, or is being, carried out.