• Specific Year
    Any

PETROLEUM ACT 1998 - SECT 51 Applications

PETROLEUM ACT 1998 - SECT 51

Applications

In addition to complying with section 96, an applicant for a licence offered under this Division—

        (a)     must submit details of—

              (i)     its relevant technical qualifications and of the relevant technical qualifications of its employees; and

              (ii)     the relevant technical advice available to it; and

              (iii)     the financial resources available to it; and

        (b)     must include in the application anything else required in the invitation; and

        (c)     if the invitation requires applicants to specify a cash bid for the licence, must be accompanied by a deposit of 10% of the amount bid.