Commonwealth Consolidated Acts

OFFSHORE ELECTRICITY INFRASTRUCTURE ACT 2021 - SECT 80

    A licence granted under this Act is granted on the basis that:

  (a)   the licence may be cancelled under section   73; and

  (b)   the licence may be varied under:

  (i)   for a feasibility licence--section   38; or

  (ii)   for a commercial licence--section   48; or

  (iii)   for a research and demonstration licence--section   57; or

  (iv)   for a transmission and infrastructure licence--section   66; and

  (c)   the licence may be cancelled, revoked, terminated or varied by or under later legislation; and

  (d)   no compensation is payable if the licence is cancelled, revoked, terminated or varied as mentioned in any of the above paragraphs.