OFFSHORE MINERALS ACT 1994 - SECT 221 How to apply

OFFSHORE MINERALS ACT 1994 - SECT 221

  (1)   The application must:

  (a)   be made in accordance with the approved form; and

  (b)   be made in the approved manner; and

  (c)   be made before the end of the period specified in the tender block licence notice; and

  (d)   include details of:

  (i)   the technical qualifications of the applicant and of the applicant's employees who are likely to be involved in activities authorised by the licence; and

  (ii)   the technical advice available to the applicant; and

  (iii)   the financial resources available to the applicant; and

  (iv)   if the licence is to be held by more than one person--the share of the licence that each prospective holder will hold; and

  (e)   specify an address for service of notices under this Act and the regulations.

Note:   For paragraphs   ( a) and (b) see section   41.

  (2)   If the Joint Authority has specified in the tender block licence notice that it will select the successful applicant on the basis of development proposals submitted for the blocks to be covered by the licence, the application must include details of the applicant's development proposals for the blocks.

  (3)   If the Joint Authority has specified in the tender block licence notice that it will select the successful applicant on the basis of the amounts of money offered for the licence, the application must state the amount offered by the applicant for the licence.

  (4)   The applicant may include in the application any other information that the applicant thinks is relevant.

  (5)   The application must be lodged with the Designated Authority.