New South Wales Consolidated Acts

OFFSHORE MINERALS ACT 1999 - SECT 45

45 Exploration licences

(1) This Part provides for the grant of exploration licences over blocks in coastal waters.

(2) An exploration licence may be granted over a standard block (see Division 2) or over a tender block (see Division 3).

Note: A tender block is a block that has been declared available for tender. A standard block is any block that is not a reserved block (see sections 19 and 20).