(1) This section applies if an application for a special cross - boundary greenhouse gas holding lease has been made under section 342A.
(2) If the Cross - boundary Authority is not satisfied as to the matter in paragraph 342B(2)(c), the Cross - boundary Authority must, by written notice given to the applicant, refuse to grant a special cross - boundary greenhouse gas holding lease to the applicant.
(3) If the Cross - boundary Authority is not satisfied of the matters (if any) prescribed by the regulations for the purposes of paragraph 342B(2)(d), the Cross - boundary Authority may, by written notice given to the applicant, refuse to grant a special cross - boundary greenhouse gas holding lease to the applicant.