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MINERAL RESOURCES DEVELOPMENT ACT 1995 - SECT 37 Term of consolidated exploration licence

MINERAL RESOURCES DEVELOPMENT ACT 1995 - SECT 37

Term of consolidated exploration licence

(1)  Subject to subsection (2) , a consolidated licence is in force for a period of 5 years from the date on which the application for the earliest licence was granted.
(2)  The Director may determine –
(a) the term of a consolidated licence; and
(b) the commencement day of the licence.