OFFSHORE MINERALS ACT 1994 - SECT 283 Acceptance of grant of works licence

OFFSHORE MINERALS ACT 1994 - SECT 283

  (1)   The provisional grant of a works licence is properly accepted by the provisional holder if, before the end of the primary payment period, the provisional holder:

  (a)   gives the Designated Authority a written acceptance of the grant; and

  (b)   lodges any security required by the Joint Authority under section   399; and

  (c)   pays the fees that must be paid for the licence under the Works Licence Fees Act.

Note:   Under section   286, the grant of the licence cannot be effective before it is registered (see section   333 for registration).

  (2)   The provisional grant of a works licence is properly accepted by the provisional holder if the provisional holder:

  (a)   has been granted an extension of the primary payment period under section   282; and

  (b)   before the end of the secondary payment period:

  (i)   gives the Designated Authority a written acceptance of the grant; and

  (ii)   lodges any security required by the Joint Authority under section   399; and

  (iii)   pays the fees that must be paid for the licence under the Works Licence Fees Act.

Note:   Under section   286, the grant of the licence cannot be effective before it is registered (see section   333 for registration).