Northern Territory Consolidated Acts Northern Territory Consolidated Acts31. Surrender
(1) Subject to this Part and the relevant Authorisation (if applicable), a licensee may, at any time, surrender an exploration licence or part of a licence area by lodging with the Department a notice in writing indicating the licence or the land, as the case may be, to be surrendered.
(2) A surrender under subsection (1) is effective on and from the day on which the notice referred to in that subsection is lodged in accordance with that subsection.
(3) A licensee shall not, under this section, surrender land if the effect of that surrender would mean that a licence area consists of more than 2 separate areas of blocks.
(4) For the purposes of subsection (3), a separate area shall consist of -
(a) a group of blocks each of which has a common side or point with another block in the separate area; or
(b) a single block.