OFFSHORE MINERALS ACT 1994 - SECT 231 Provisional grant to next applicant if grant lapses
OFFSHORE MINERALS ACT 1994 - SECT 231
Provisional grant to next applicant if grant lapses(1) If the provisional grant of the licence lapses under section 230, the Joint Authority may provisionally grant the licence to another of the applicants for the licence.
(2) When provisionally granting a licence under subsection
( 1), the Joint Authority must follow the procedure and apply the
criteria specified in the tender block licence notice published for the
licence under section 218.