(1) A plantation licensee may apply (
"application for division" ) to the Minister for approval—
(a) to surrender
part of its plantation licence (
"original plantation licence" ); and
(b) to be granted a right to deal with
natural resource product, on the affected area, for the purpose of plantation
forestry and for incidental purposes under this Act.
Note for paragraph (b)—
This right is granted by entering into an agreement with the Minister under
section 61QA(1) .
(2) The application must be made in the approved form
and be accompanied by—
(a) a statement of the plantation licensee’s
reasons for seeking the division; and
(d) the written consent of all persons with a registered
interest in the plantation licence.
(3) In this section—
"affected area" , in relation to an application for division, means the part
of the licence area for the plantation licence that will be removed from the
licence area if the application is approved.