OFFSHORE MINERALS ACT 1994 - SECT 54 How to apply

OFFSHORE MINERALS ACT 1994 - SECT 54

  (1)   The application must:

  (a)   be made in accordance with the approved form; and

  (b)   be made in the approved manner; and

  (c)   specify the blocks for which the application is made; and

  (d)   include details of:

  (i)   the activities that the applicant intends to carry out on the block or blocks covered by the application; and

  (ii)   the amount of money that the applicant intends to spend on those activities; and

  (iii)   the technical qualifications of the applicant and of the applicant's employees who are likely to be involved in activities authorised by the licence; and

  (iv)   the technical advice available to the applicant; and

  (v)   the financial resources available to the applicant; and

  (vi)   if the licence is to be held by more than one person--the share of the licence that each prospective holder will hold; and

  (e)   be accompanied by maps that:

  (i)   relate to the blocks; and

  (ii)   comply with guidelines issued by the Designated Authority under subsection   41(2); and

  (f)   specify an address for service of notices under this Act and the regulations.

Note 1:   For paragraphs   ( a) and (b) see section   41.

Note 2:   Paragraph   ( c): the Designated Authority may, after consulting the applicant, vary the blocks applied for (see section   59).

  (2)   The applicant may include in the application any other information that the applicant thinks is relevant.

  (3)   The application must be lodged with the Designated Authority.