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OFFSHORE MINERALS ACT 1994 - SECT 167
Matters to be taken into account in deciding whether to renew retention licence
In determining whether to renew the licence, the Joint Authority
may have regard to:
(a) whether mining activities are commercially viable in the
retention licence area; and
(b) whether the applicant has complied with:
(i) this Act; and
(ii) the regulations; and
(iii) any licence conditions.
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