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PETROLEUM ACT 1998 - SECT 49 Factors determining grant of application

PETROLEUM ACT 1998 - SECT 49

Factors determining grant of application

    (1)     The Minister must grant a production licence if—

        (a)     the applicant for the licence has provided all the information required by the Minister and has otherwise complied with section 48; and

S. 49(1)(b) amended by No. 20/2020 s. 13(1)(a).

        (b)     the applicant has complied with the conditions of its exploration permit and its retention lease (if any) and all applicable laws in relation to that permit and lease; and

S. 49(1)(c) inserted by No. 20/2020 s. 13(1)(b).

        (c)     the Minister is satisfied that the applicant has addressed the matters raised in any submission received under section 48A or taken reasonable steps to do so; and

S. 49(1)(d) inserted by No. 20/2020 s. 13(1)(b).

        (d)     the Minister is satisfied that the applicant has addressed any prescribed factor or taken reasonable steps to do so.

    (2)     The Minister may grant a production licence if—

S. 49(2)(a) amended by No. 20/2020 s. 13(2).

        (a)     subsection (1)(a), (c) and (d) apply; and

        (b)     she or he is satisfied that there are special circumstances concerning the failure to comply with the conditions of the exploration permit or retention lease, or with an applicable law, that justify the granting of the licence.

    (3)     The Minister must not grant a production licence under this Division in any other circumstances.

Division 3—Grant of licences by tender