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OFFSHORE MINERALS ACT 1994 - SECT 198 Holder of exploration licence or retention licence may apply for mining licence

OFFSHORE MINERALS ACT 1994 - SECT 198

Holder of exploration licence or retention licence may apply for mining licence

  (1)   An exploration or retention licence holder may apply to the Joint Authority for a mining licence over all or some of the blocks in the licence area of the exploration or retention licence.

  (2)   A person may apply for a mining licence under subsection   ( 1) over a group of blocks only if:

  (a)   the group forms a discrete area; and

  (b)   there are not more than 20 blocks in the group.

  (3)   The holder may apply for 2 or more mining licences over different parts of the licence area of the exploration or retention licence.