Northern Territory Consolidated Acts Northern Territory Consolidated Acts70. Surrender
(1) Subject to this Part and the relevant Authorisation, a lessee may, at any time, having complied with all the conditions to which the lease is subject, surrender a mineral lease or part of the lease area to which it relates by lodging with the Department written notice indicating the lease or the area, 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) Before a lessee surrenders under this subsection part only of a lease area, he shall cause that area of the lease area proposed to be retained under the mineral lease to be surveyed in the prescribed manner by a licensed surveyor, within the meaning of the Licensed Surveyors Act , and provide the Minister with a copy of the Surveyor-General's certificate of survey issued under that Act.