OFFSHORE MINERALS ACT 1994 - SECT 161 How to apply for renewal

OFFSHORE MINERALS ACT 1994 - SECT 161

  (1)   The application must:

  (a)   be made in accordance with the approved form; and

  (b)   be made in the approved manner; and

  (c)   include details of:

  (i)   the reasons why the applicant is applying to renew the retention licence rather than applying for a mining licence; and

  (ii)   the activities carried out by the applicant under the licence during its current term; and

  (iii)   the amount of money spent by the applicant in relation to the blocks covered by the licence during its current term; and

  (iv)   the results obtained by the applicant from carrying out the activities referred to in subparagraph   ( ii); and

  (v)   the activities that the applicant intends to carry out under the licence during the term applied for; and

  (vi)   the amount of money that the applicant intends to spend in relation to activities authorised by the licence during the term applied for.

Note:   For paragraphs   ( a) and (b) see section   41.

  (2)   The applicant may include in the application any other information that the applicant thinks is relevant.

  (3)   The application must be lodged with the Designated Authority.