Commonwealth Consolidated Acts

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OFFSHORE MINERALS ACT 1994 - SECT 195

Licence rights may be suspended

  (1)   The Joint Authority must suspend particular rights conferred by a mining licence if the Joint Authority is satisfied that it is necessary in the national interest to do so.

  (2)   The Joint Authority may suspend rights conferred under subsection   (1) for a specified period or for an indefinite period.

  (3)   The Joint Authority may end a suspension at any time.

  (4)   A suspension or the ending of a suspension must be in writing.

  (5)   If the Joint Authority:

  (a)   suspends rights conferred by a mining licence; or

  (b)   ends a suspension;

the Joint Authority must give the licence holder a written notice that informs the holder of the suspension or the ending of a suspension.

Note:   See section   258 for the effect of the suspension on the obligations associated with the licence.

  (6)   A suspension takes effect when:

  (a)   the holder has been given notice of the suspension under subsection   (5); and

  (b)   the suspension has been registered under section   337.



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