Northern Territory Consolidated Acts46. Application for renewal of exploration retention licence
(1) Subject to Parts XIA and XIB as applicable, a licensee may, at any time before 3 months before the expiration of an exploration retention licence, or such later time, not being later than that expiration, as the Minister allows, apply to the Minister for the renewal or further renewal of the licence.
(2) An application referred to in subsection (1) shall be in writing and shall be lodged with the Department and be accompanied by -
(a) the prescribed rent for the first 12 months of the proposed renewed licence;
(aa) the prescribed fee;
(b) an analysis of the work and expenditure undertaken during the term of the licence to the date of the application, and the results, if any, obtained;
(c) the applicant's proposals for work and expenditure during the proposed renewed term; and
(d) the applicant's reasons for seeking a renewal of the licence rather than applying for a mineral lease or mineral claim.
(3) Subject to section 47 and to Parts XIA and XIB as applicable, the Minister may renew an exploration retention licence -
(a) for a term not longer than the term of the original exploration retention licence but in any case not longer than 5 years; and
(b) subject to such conditions in addition to those to which the licence is already subject as the Minister thinks fit.
(4) If an application for the renewal of an exploration retention licence has been made in accordance with this section, the licence is taken to continue in force until that renewal is granted or refused, as the case may be.