OFFSHORE MINERALS ACT 1994 - SECT 242 Commonwealth - State offshore area--provisional renewal of mining licence

OFFSHORE MINERALS ACT 1994 - SECT 242

    If the Designated Authority for a Commonwealth - State offshore area refers the renewal application to the Joint Authority under section   241, the Joint Authority may:

  (a)   provisionally renew the licence; or

  (b)   subject to section   245, refuse to renew the licence.

Note 1:   Under section   233, the renewal of the licence cannot be effective before it is registered (see section   334 for registration). The renewal will not be registered until it has been properly accepted (see section   250 for proper acceptance ).

Note 2:   Under section   254, new conditions may be imposed on renewal.