Northern Territory Consolidated Acts Northern Territory Consolidated Acts32. Report on ceasing to hold licence area
(1) A person who -
(a) was the holder of an exploration licence; or
(b) is the holder of an exploration licence -
(i) the licence area of which has been reduced under section 26; or
(ii) part of the licence area of which has been surrendered under section 31,
shall, within 3 months, or such longer period as the Secretary allows, immediately after -
(c) in the case of a person referred to in paragraph (a) - the cessation of the exploration licence;
(d) in the case of a person referred to in paragraph (b)(i) - the licence area has been reduced; and
(e) in the case of a person referred to in paragraph (b)(ii) - part of the licence area has been surrendered,
lodge at the office of the Secretary a comprehensive report in accordance with this section on the exploration activities carried out on -
(f) in the case of a person referred to in paragraph (a) - the licence area, as comprised from time to time, during the period of that exploration licence;
(g) in the case of a person referred to in paragraph (b)(i) - the licence area which has not been retained; and
(h) in the case of a person referred to in paragraph (b)(ii) - the licence area which has been surrendered.
Penalty: $1,000.
Default penalty: $500.
(2) Subject to section 33, the report referred to in subsection (1) shall include details of total expenditure on exploration activities and all geological, geochemical and geophysical survey reports, and all drilling and other reports completed by or becoming available to the licensee, and all data, maps, logs and records associated with or necessary to interpret those reports.