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PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 53 Application for renewal of licence

PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 53

Application for renewal of licence

(1)  A licensee may, from time to time, make an application to the Minister for the renewal of the licence.
(2)  An application for the renewal of the licence shall –
(a) be in accordance with an approved form; and
(b) subject to subsection (3) , be made in an approved manner not less than 6 months before the day on which the licence ceases to be in force; and
(c) be accompanied by particulars of the proposals of the licensee for work and expenditure in respect of the licence area; and
(d) be accompanied by a fee of $600.
(3)  The Minister may, for reasons that he thinks sufficient receive an application for the renewal of the licence less than 6 months before, but not in any case after, the day on which the licence ceases to be in force.