A retention licence expires if:
(a) the term of the licence expires without the licence being renewed; or
(b) the licence holder surrenders the licence; or
(c) a mining licence is granted over the blocks in the licence area of the retention licence; or
(d) the licence is cancelled.
Note: For paragraph (a) see Division 5. For paragraph (b) see section 187. For paragraph (c) see section 188. For paragraph (d) see sections 189 and 190.