OFFSHORE MINERALS ACT 1994 - SECT 134 Joint Authority may cancel or not renew retention licence without compensation

OFFSHORE MINERALS ACT 1994 - SECT 134

    No compensation is payable because of the cancellation or non - renewal of a retention licence by the Joint Authority.

Note 1:   The Joint Authority may cancel the licence under section   189 or 190.

Note 2:   The Joint Authority may refuse under section   165 or 166 to renew the licence.