(1) This section applies only in relation to allocated minerals in land within
a mineral allocation area.
(2) The Minister may, by notice published in the
way specified by the regulations, invite tenders for an exploration licence
for an allocated mineral, other than an exploration (mineral owner) licence
for an allocated mineral.
(3) An invitation--
(a) must describe the land to
which it relates, and
(b) must identify the allocated mineral to which it
relates, and
(c) must specify the way in which, and the date on or before
which, tenders for the exploration licence should be lodged.