OFFSHORE MINERALS ACT 1994 - SECT 334 Renewal of licences

OFFSHORE MINERALS ACT 1994 - SECT 334

  (1)   If the Designated Authority is given an application for the renewal of a licence, the Designated Authority must register the fact.

  (2)   If the provisional renewal of a licence is properly accepted, the Designated Authority must register:

  (a)   the renewal; and

  (b)   the term of the renewal; and

  (c)   the date of the provisional renewal; and

  (d)   the date of registration of the renewal.

  (3)   If the Designated Authority registers the renewal of a licence under subsection   ( 2):

  (a)   the licence holder must give the licence to the Designated Authority; and

  (b)   the Designated Authority must endorse on the licence:

  (i)   the term of the renewal; and

  (ii)   the date of registration of the renewal.

  (4)   If the Joint Authority refuses to renew a licence, the Designated Authority must register the refusal.