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MINING ACT 1992 - SECT 13D Crown pre-competitive exploration licences

MINING ACT 1992 - SECT 13D

Crown pre-competitive exploration licences

13D Crown pre-competitive exploration licences

(1) The Secretary may apply on behalf of the Crown for an exploration licence (a
"Crown pre-competitive exploration licence" ) for a controlled release mineral within a controlled release area to authorise prospecting for the purpose of obtaining information about the potential mineral bearing qualities of land in the State.
(2) The regulations may make provision for or with respect to the following--
(a) requirements for prospecting conducted under a Crown pre-competitive exploration licence including the purposes for which prospecting is to be undertaken and the criteria that prospecting under the licence is to satisfy,
(b) procedures for the relinquishment of a Crown pre-competitive exploration licence when prospecting under the licence is completed.
(3) The rights conferred by section 29 (Rights under exploration licence) on the holder of a Crown pre-competitive exploration licence are subject to the requirements of the regulations under this section.