OFFSHORE MINERALS ACT 1994 - SECT 97 Grant of licence extension--other circumstances
OFFSHORE MINERALS ACT 1994 - SECT 97
Grant of licence extension--other circumstances(1) Subject to subsection ( 2), if an exploration licence holder applies for an extension under section 96, the Joint Authority:
(a) may grant an extension of the licence; or
(b) may refuse to grant an extension of the licence.
(2) The extension must not be for a period that is longer than the period of the suspension or exemption.
(3) The extension may be granted subject to whatever conditions
the Joint Authority thinks appropriate.