PETROLEUM ACT 1998 - SECT 51 Applications
PETROLEUM ACT 1998 - SECT 51
ApplicationsIn 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.