PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 23

PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 23

23—Application fee etc

        (1)         An application under section 22 shall be accompanied by—

            (a)         the prescribed fee; and

            (b)         a deposit of 10 per centum of the amount specified in the application under section 22(4)(d).

        (2)         Where a permit is not granted on the application, the amount of the deposit must, subject to subsection (3), be refunded to the applicant.

        (3)         Where an applicant on whom there has been served an instrument under section 24 does not request the Minister in accordance with section 25 to grant to him the permit referred to in the instrument, the deposit shall not, unless the Minister otherwise determines, be refunded to the applicant.