Commonwealth Consolidated Acts

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OFFSHORE MINERALS ACT 1994 - SECT 103

How to apply for renewal

  (1)   The application must:

  (a)   be made in accordance with the approved form; and

  (b)   be made in the approved manner; and

  (c)   include details of:

  (i)   the activities carried out by the applicant under the licence during its current term; and

  (ii)   the amount of money spent by the applicant in relation to the blocks covered by the licence during its current term; and

  (iii)   the activities that the applicant intends to carry out under the licence during the term applied for; and

  (iv)   the amount of money that the applicant intends to spend on those activities during the term applied for; and

  (d)   specify the blocks that the applicant nominates for surrender in accordance with section   104.

Note:   For paragraphs   (a) and (b) see section   41.

  (2)   The applicant may include in the application any other information that the applicant thinks is relevant.

  (3)   The application must be lodged with the Designated Authority.



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