A change to an Approval, other than a State Approval, is a General Change in Law and subject to the relief and compensation regime for General Changes in Law. See section 2.44 for the Change in Law regime. The effect of this is that Project Co will be entitled to compensation for changes to Approvals (other than State Approvals) during the Operational Phase but not during the Development Phase. This reflects an appropriate risk sharing in respect of Approvals over which the State has very limited, if any, control.

Change to a State Approval is included in the definition of State Approval Event which has its own compensation regime. If a State Approval Event occurs, this will be deemed to be a Modification in respect of which Project Co may submit a Modification Proposal, and the Change Compensation Principles will apply as if the State Approval Event was a State Initiated Modification.