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MINERAL RESOURCES DEVELOPMENT ACT 1995 - SECT 44 Term of special exploration licence

MINERAL RESOURCES DEVELOPMENT ACT 1995 - SECT 44

Term of special exploration licence

(1)  A licence is, unless revoked or unless the term of the licence is extended under section 44A , in force for a period of 5 years from the date on which the application for the licence is granted.
(2)  The Minister, under section 44A , may extend the term of the licence for any period, as long as the total term of the licence from the date on which the application for the licence is granted (including any period, after the licence expires, for which the licence remains in force under section 44A(7) ) does not exceed 10 years.