OFFSHORE MINERALS ACT 1994 - SECT 127 Voluntary surrender of exploration licence
OFFSHORE MINERALS ACT 1994 - SECT 127
Voluntary surrender of exploration licenceAn exploration licence holder may surrender the licence.
Note 1: See Division 5 for voluntary surrender of part of a licence area.
Note 2: The surrender takes effect when it is registered under section
337 (see subsection 337(5)).