OFFSHORE MINERALS ACT 1994 - SECT 209 Matters to be specified in the licence

OFFSHORE MINERALS ACT 1994 - SECT 209

  (1)   The licence must specify:

  (a)   the blocks covered by the licence; and

  (b)   the term of the licence; and

  (c)   the licence conditions.

  (2)   The term specified under paragraph   ( 1)(b) is not to exceed 21 years.