PETROLEUM ACT 1998 - SECT 28 Renewal of permit
PETROLEUM ACT 1998 - SECT 28
Renewal of permit(1) The Minister may renew an exploration permit for a further 5 years from the date of its expiry.
S. 28(2) amended by No. 64/2012 s. 52.
(2) A renewed exploration permit expires 10 years after the day on which the initial permit was registered in the petroleum register, unless it is cancelled or surrendered earlier or unless this Act otherwise provides.
(3) The Minister may only renew an exploration permit once.