Document ID: chunk:federal_register_of_legislation:F2023L01671:clause:2_7
Version: federal_register_of_legislation:F2023L01671
Segment Type: clause
Provision Reference: sch 2 cl 7
Character Range: 5340–6083

7  Making Investment Decisions
 (1) When the Facility makes a decision not to offer financial assistance, it must notify the Project Proponent of that decision as soon as practicable.
 (2) After the Facility has made an Investment Decision, the Facility must as soon as practicable:
 (a) if the Minister gives the Facility a rejection notice under subsection 11(4) of the Act—notify the Project Proponent of the rejection notice; or
 (b) if the consideration period has expired and no rejection notice was given to the Facility, or if the Facility has received a notice under subsection 11(3A) of the Act—notify the Project Proponent that the Project is proposed to be offered financial assistance and the terms of that financial assistance.