Commonwealth Consolidated Acts

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OFFSHORE MINERALS ACT 1994 - SECT 363

Application for approval of transfer

  (1)   A person may apply to the Joint Authority for approval of the transfer.

  (2)   The application:

  (a)   must be in writing; and

  (b)   must be lodged with the Designated Authority.

  (3)   The application must be accompanied by:

  (a)   the transfer document (duly signed or executed); and

  (b)   a copy of the transfer document; and

  (c)   if a caveat holder has consented to the registration of the transfer under subsection   350(1)--a copy of the consent.

  (4)   The application may include a statement of any matter that the applicant wants the Joint Authority to take into account in deciding whether to approve the transfer.

  (5)   Without limiting subsection   (4), the application may include a statement about:

  (a)   the technical qualifications of a party to the transfer; or

  (b)   the technical qualifications of the employees of a party to the transfer; or

  (c)   the technical advice available to a party to the transfer; or

  (d)   the financial resources of a party to the transfer.

  (6)   The application must be accompanied by the fee prescribed by the regulations.



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