New South Wales Consolidated Acts

OFFSHORE MINERALS ACT 1999 - SECT 8

8 Successor licences

(1) If:

(a) a mining licence takes effect immediately after an exploration licence expires, and

(b) the holder of the mining licence immediately after it takes effect was the holder of the exploration licence immediately before it expired,

the mining licence is a successor licence to the exploration licence.

(2) If:

(a) a retention licence takes effect immediately after an exploration licence expires, and

(b) the holder of the retention licence immediately after it takes effect was the holder of the exploration licence immediately before it expired,

the retention licence is a successor licence to the exploration licence.

(3) If:

(a) a mining licence takes effect immediately after a retention licence expires, and

(b) the retention licence took effect immediately after an exploration licence expired, and

(c) the holder of the mining licence immediately after it takes effect was the holder of the retention licence immediately before it expired, and

(d) the holder of the retention licence immediately after it took effect was the holder of the exploration licence immediately before it expired,

the mining licence is a successor licence to the exploration licence and the retention licence.