Commonwealth Numbered Acts

OFFSHORE MINERALS ACT 1994 No. 28, 1994 - SECT 219

219.(1) A tender block licence notice for a mining licence must:

   (a)  specify the blocks to be covered by the licence; and

   (b)  specify the period within which applications may be made; and

   (c)  specify the procedure and criteria that the Joint Authority will adopt
        to allocate the licence; and

   (d)  specify the amount of security that the successful applicant will be
        required to lodge; and

   (e)  specify the initial term of the licence; and

   (f)  include a statement to the effect that information about:

        (i)    the security that the successful applicant will be required to
               lodge; and

        (ii)   the licence conditions; may be obtained from the
               Designated Authority.

(2) The tender block licence notice may specify not more than 20 blocks for
the mining licence.