Commonwealth Consolidated Acts

OFFSHORE ELECTRICITY INFRASTRUCTURE ACT 2021 - SECT 87

Scope

  (1)   This section applies if an application is made for approval of a change in control of a licence holder under section   86.

Decision

  (2)   The Registrar must decide:

  (a)   to approve the change in control; or

  (b)   to refuse to approve the change in control.

Note:   The applicant must be notified of the decision (see section   88).

  (3)   Before deciding whether to approve or refuse to approve a change in control, the Registrar may consult with:

  (a)   the Regulator; or

  (b)   the Minister.

  (4)   In deciding whether to approve or refuse to approve a change in control, the Registrar:

  (a)   must have regard to whether the licence would, if the change in control occurred, meet the merit criteria; and

  (b)   must have regard to any matters prescribed by the licensing scheme; and

  (c)   may have regard to the following matters:

  (i)   matters raised in consultations (if any) under subsection   (3);

  (ii)   matters prescribed by the licensing scheme;

  (iii)   any other matters the Registrar considers relevant.