Commonwealth Consolidated Acts

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OFFSHORE MINERALS ACT 1994 - SECT 87

Provisional grant to next applicant if grant lapses

  (1)   If the provisional grant of the licence lapses under section   86, the Joint Authority may provisionally grant the licence to another of the applicants for the licence.

  (2)   When provisionally granting a licence under subsection   (1), the Joint Authority must follow the procedure and apply the criteria specified in the tender block licence notice published for the licence under section   74.



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