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OFFSHORE MINERALS ACT 1994 - SECT 134
Joint Authority may cancel or not renew retention licence without compensation
No compensation is payable because of the cancellation or non -
renewal of a retention licence by the Joint Authority.
Note 1: The Joint Authority may cancel the licence under section
189 or 190.
Note 2: The Joint Authority may refuse under section 165 or 166
to renew the licence.
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