Commonwealth Consolidated Acts

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OFFSHORE ELECTRICITY INFRASTRUCTURE ACT 2021 - SECT 53

Merit criteria for a research and demonstration licence

  (1)   For the purposes of this Act, a research and demonstration licence held or applied for by an eligible person meets the merit criteria if:

  (a)   the eligible person has the technical and financial capability to carry out the offshore infrastructure project that is proposed to be carried out under the licence; and

  (b)   the offshore infrastructure project is likely to be viable; and

  (c)   the eligible person is suitable to hold the licence; and

  (d)   any criteria prescribed by the licensing scheme are satisfied.

  (2)   The licensing scheme may provide for:

  (a)   matters that may or must be considered in any decision under this Act about whether a research and demonstration licence meets the merit criteria; and

  (b)   the suitability of an eligible person to hold a research and demonstration licence to be assessed with regard to the suitability of other persons (including another person that controls the eligible person); and

  (c)   procedures for making decisions under this Act about whether a research and demonstration licence meets the merit criteria; and

  (d)   how subsection   (1) is to be applied to an offshore infrastructure project that has begun to be, or is being, carried out.



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