Section 159 — Resource Management Act 1991: Acceptance of tender, etc

159 Acceptance of tender, etc (1) After having regard to— (a) The interests (including the financial interests) of the Crown in the coastal marine area; and (b) The financial and other circumstances of the tenderers; and (c) Any other matters the Minister considers relevant— the Minister may in the Minister's discretion— (d) Accept any tender, whether or not it is the highest tender; or (e) Enter into private negotiations with any tenderer, whether or not that tenderer offered the highest tender, with a view to reaching an agreement; or (f) Reject all tenders and call for new tenders under section 157 . (2) On making a decision to accept a tender or to reject all tenders, the Minister shall forthwith give written notification of the decision and the reasons for it to the appropriate regional council and every tenderer. (3) When giving notification under subsection (2) of the decision to accept a tender, the Minister shall include in the notification details of the name of the successful tenderer and the nature of the activity to which the tender relates. (4) If the Minister reaches an agreement with a tenderer pursuant to subsection (1)(e) , the Minister shall forthwith give written notification to the appropriate regional council and every other tenderer of the name of the person with whom agreement was reached and the nature of the activity to which the agreement relates.