Northern Territory Consolidated Acts Northern Territory Consolidated Acts62. Grant over retention lease
(1) Where an application for a mineral lease is in respect of any part of an exploration retention licence area held by the applicant, the Minister shall not refuse to grant the mineral lease except with the approval of the Administrator.
(2) Where a mineral lease is granted in respect of land that formed all or part of an exploration retention licence area, the exploration retention licence is in respect of the whole or that part of the lease area, as the case may be, automatically cancelled by the granting of the mineral lease.