OFFSHORE MINERALS ACT 1994 - SECT 287 Term of renewal of works licence

OFFSHORE MINERALS ACT 1994 - SECT 287

  (1)   A renewal of a works licence comes into force on:

  (a)   the day on which the renewal is registered; or

  (b)   the day on which the previous term of the licence expires;

whichever is the later.

Note:   See Division   4 for renewal.

  (2)   The term of a renewal of a licence expires at the end of the period specified in the notice under section   296.

Note 1:   For the maximum term of renewal see subsection   296(3).

Note 2:   The licence may be surrendered at any time (see section   312).

  (3)   The period runs from the day on which the previous term of the licence expires.