OFFSHORE MINERALS ACT 1994 - SECT 253 General

OFFSHORE MINERALS ACT 1994 - SECT 253

  (1)   The sources of obligations associated with a mining licence are:

  (a)   the licence conditions; and

  (b)   obligations arising from compliance directions given by the Designated Authority; and

  (c)   obligations imposed by this Act and the regulations.

Note:   For paragraph   ( a) see sections   254 to 256. For paragraph   ( b) see section   387. For paragraph   ( c) see sections   259 to 262 and section   372.

  (2)   If a mining licence has 2 or more holders, all the holders are jointly and severally bound by the obligations that attach to the licence.