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OFFSHORE MINERALS ACT 1994 No. 28, 1994 - SECT 169
Applicant must be notified
169.(1) The Designated Authority must give the applicant written notice of the
Joint Authority's decision under section 165 or 166.
(2) If the Joint Authority provisionally renews the licence under section 165
or 166, the notice must contain the following information:
(a) notification of the term of the renewal;
(b) notification of the conditions of the renewed licence;
(c) notification of any determination under section 399 that the applicant
must lodge a security or a further security;
(d) notification that the provisional renewal will lapse unless the
applicant, before the end of the primary payment period:
(i) gives the Designated Authority a written acceptance of the
renewal; and
(ii) lodges any security required by the Joint Authority under
section 399; and
(iii) pays the fees that must be paid under the Retention Licence
Fees Act. Note: Paragraph (b): section 177 provides for
renewals to be granted to conditions.
(3) The term specified under paragraph (2)(a) is not to be more than 5 years.
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