24.—(1) Where the Authority is satisfied that any of the events in Schedule 8 are occurring or have occurred in respect of a qualifying project, it may, in the circumstances specified in paragraph (2), publish a notice cancelling that tender exercise from the tender round.
(2) The circumstances in which the Authority may publish a notice in accordance with paragraph (1) are that the Authority has–
(a)given seven days notice of its intention to cancel the tender exercise from the tender round; and
(b)considered any representations which have been duly made in relation to the notice published in accordance with sub-paragraph (a).
(3) Where the Authority has published a notice in accordance with paragraph (1), that tender exercise is finished.