MINING ACT 1978 - SECT 70M

MINING ACT 1978 - SECT 70M

70M .         Holder of retention licence to show cause why mining lease should not be applied for

        (1)         The Minister may at any time by notice in writing require the holder of a retention licence to show cause why a mining lease should not be applied for in respect of the whole or any part of the land the subject of the retention licence.

        (2)         Where —

            (a)         the holder of a retention licence fails to show cause within the time specified in the notice referred to in subsection (1); or

            (b)         the Minister is of the opinion that the holder of a retention licence has shown insufficient cause,

                the Minister may by notice in writing require that person to apply in accordance with this Act for a mining lease in respect of the whole or any part of the land the subject of the retention licence within a period of 60 days from the giving of that notice.

        [Section 70M inserted: No. 37 of 1993 s. 10(1).]