OFFSHORE MINERALS ACT 1994 - SECT 278 Matters to be specified in the licence

OFFSHORE MINERALS ACT 1994 - SECT 278

  (1)   The licence must specify:

  (a)   the blocks covered by the licence; and

  (b)   the activities authorised by the licence; and

  (c)   the area in which the activities are to be carried out; and

  (d)   the term of the licence; and

  (e)   the licence conditions.

  (2)   The term specified under paragraph   ( 1)(d) is not to exceed 5 years.