Part 3B Concessions
17ZDFailure to execute or exercise concession document
If any applicant for a concession who has been granted a concession fails to sign the applicant's concession document within 1 month after being required by written notice to do so, the Minister may cancel the grant of the concession to that person.
A concession lapses on the expiry of 2 years after the date of commencement of the concession, or after the expiry of such longer period as the Minister may allow, unless the concession is exercised before the end of that period.
Any money paid under the concession (including any money paid under any of sections 60A to 60D) shall, unless the Minister otherwise directs, be forfeit to the Minister.
Any activity carried on by the concessionaire under a concession that has been cancelled under subsection (1) or has lapsed under subsection (2) shall be deemed to be an activity carried on without the authority of the Minister for the purposes of section 39.
Notes
- Section 17ZD: inserted, on , by section 7(1) of the Conservation Amendment Act 1996 (1996 No 1).