(1)  A lessee may apply to the Minister for approval to transfer a lease.

(2)  An application is to be –

(a) in an approved form; and

(b) accompanied by the duly executed instrument of transfer; and

(c) accompanied by the prescribed fee; and

(d) lodged with the Registrar within 28 days after the transfer is executed.

(3)  The Registrar may extend the period referred to in subsection (2) (d) if satisfied that it is reasonable to do so.

(4)  The Registrar, by notice in writing, is to notify of an application lodged under this section in relation to a licence any person who has lodged a caveat under Part 10 in relation to the licence.

(5)  A notice under subsection (4) is to be sent by certified mail within 14 days after the application is received.

(6)  A person who has lodged a caveat under Part 10 in relation to a lease may, within 14 days after receipt of a notice under subsection (5) in relation to the lease, object to the Mining Tribunal against an application for approval to transfer the lease.