(1) A geothermal tenure holder must, within 60 business days after the last
day of each 12-month period of the term of the tenure, give the chief
executive a report about geothermal resources for the tenure (an
"annual resources report" ) containing the information stated in schedule 1 ,
section 4.
(2) However, the requirement to give an annual resources report
for a 12-month period of the term of a geothermal tenure does not apply if the
tenure ends during the 12-month period.
Note—
See section 191 of the Act ,
and section 19, for the requirements for an end of tenure report.
