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OFFSHORE MINERALS ACT 1994 - SECT 64 External territory offshore area--how application for exploration licence dealt with

OFFSHORE MINERALS ACT 1994 - SECT 64

External territory offshore area--how application for exploration licence dealt with

  (1)   This section applies if the application covers blocks in an external territory offshore area.

  (2)   If the applicant does not do what is required by sections   50 to 61, the responsible Commonwealth Minister (as the Joint Authority for that offshore area) must refuse the application.

  (3)   If the applicant does what is required by sections   50 to 61, the responsible Commonwealth Minister (as the Joint Authority for that offshore area) may:

  (a)   provisionally grant an exploration licence to the applicant; or

  (b)   refuse the application.

Note:   Under section   88, the grant of the licence cannot be effective before it is registered (see section   333 for registration). The grant will not be registered until it has been properly accepted (see section   70 for proper acceptance ).