Northern Territory Consolidated Acts

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PETROLEUM ACT - SECT 37

Application for renewal of retention licence

    (1)     Subject to Part IIA if applicable, a retention licensee may apply to the Minister to renew his retention licence.

    (2)     For the purposes of subsection (1), an application for the renewal of a retention licence shall be:

        (a)     in an approved form;

        (b)     made in an approved manner; and

        (c)     accompanied by the prescribed fee.

    (3)     In relation to an application for a renewal of a retention licence, the Minister:

        (a)     shall, where an application for the renewal of a retention licence is received not earlier than 6 months, but not later than 3 months, before the expiration of the licence;

        (b)     may, where the application is received later than 3 months before the expiration of the licence; and

        (c)     shall not, where the application is received after the expiration of the licence,

accept the application.



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