Queensland Consolidated Acts Queensland Consolidated Acts(1) Where, at the expiration of the period specified in an instrument under section 47(1), only 1 application has been made under that subsection in respect of the block specified in the instrument, the Minister may reject the application or may, by instrument in writing served on the applicant, inform the applicant that the Minister is prepared to grant the applicant a licence in respect of that block.
(2) Where, at the expiration of the period specified in an instrument under section 47(1), 2 or more applications have been made under that subsection in respect of the block specified in the instrument the Minister may reject any or all of the applications and, if the Minister does not reject all of the applications, may—
(a) if only 1 application remains unrejected—by instrument in writing served on the applicant; or
(b) if 2 or more applications remain unrejected—by instrument in writing served on the applicant, or on 1 of the applicants, whose application has not been rejected and who has specified in his or her application an amount, or a rate of royalty, that he or she would be prepared to pay that is not less than the amount, or the rate of royalty, specified in the application of any other applicant whose application has not been rejected;
inform the applicant—
(c) that the Minister is prepared to grant to the applicant a licence in respect of that block; and
(d) that the applicant will be required to pay—
(i) the amount specified in the application; or
(ii) royalty at the rate specified in the application; or
(iii) royalty at the rate specified in the application and the amount specified in the instrument under section 47(1);
as the case may be.
(3) Where an application is made under section 47(4), the Minister may reject the application or may, by instrument in writing served on the applicant, inform the applicant—
(a) that the Minister is prepared to grant to the applicant a licence in respect of that block; and
(b) that the applicant will be required to pay—
(i) the amount specified in the application; or
(ii) royalty at the rate specified in the application; or
(iii) the amount, and royalty at the rate, specified in the application;
as the case may be.
(4) The Minister may, by an instrument served on an applicant under subsections (1) to (3), inform the applicant that the applicant will be required to lodge a security for compliance with the conditions to which the licence, if granted, will from time to time be subject and with the provisions of this part and of the regulations.
(5) An instrument under subsections (1) to (4) shall contain—
(a) a summary of the conditions subject to which the licence is to be granted; and
(b) a statement of the balance of the amount (if any) that the applicant will be required to pay in respect of the grant of the licence to the applicant; and
(c) a statement to the effect that the application will lapse—
(i) if the applicant does not make a request under subsection (6); or
(ii) in a case where the instrument contains a statement referred to in paragraph (b)—if the applicant does not pay the balance of the amount referred to in that statement or enter into an agreement under section 109 in respect of that balance; or
(iii) in a case where the Minister informs the applicant that the applicant will be required to lodge a security as mentioned in subsection (4)—if the applicant does not lodge that security with the Minister.
(6) An applicant on whom there has been served an instrument under subsections (1) to (5) may, within a period of 3 months after the date of service of the instrument on the applicant, or within such further period, not exceeding 3 months, as the Minister, on application in writing served on the Minister before the expiration of the first mentioned period of 3 months, allows—
(a) by instrument in writing served on the Minister, request the Minister to grant to the applicant the licence; and
(b) if the first mentioned instrument contains a statement of the balance of an amount that the applicant will be required to pay in respect of the grant of the licence to the applicant—pay that balance or enter into an agreement under section 109 in respect of that balance; and
(c) if the Minister has informed the applicant that the applicant will be required to lodge a security as mentioned in subsection (4)—lodge that security with the Minister.
(7) Where an applicant on whom there has been served an instrument under subsection (1), (2) or (3)—
(a) has not made a request under subsection (6); or
(b) if the instrument contains a statement of the balance of an amount that the applicant will be required to pay in respect of the grant of a licence to the applicant—has not paid that balance or entered into an agreement under section 109 in respect of that balance; or
(c) if the Minister has informed the applicant that the applicant will be required to lodge a security as mentioned in subsection (4)—has not lodged that security with the Minister;
within the period applicable under subsection (6), the application lapses upon the expiration of that period.
(8) Where the application of an applicant on whom there has been served an instrument under subsection (2) lapses as provided by subsection (7), subsection (2) applies in respect of the application or applications (if any) then remaining unrejected.