Commonwealth Consolidated Acts

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OFFSHORE MINERALS ACT 1994 - SECT 218

Joint Authority may invite applications for mining licence over tender blocks

  (1)   Subject to subsection   (2), the Joint Authority may invite applications for the grant of a mining licence over reserved blocks.

  (2)   Applications may be invited for a licence covering a group of reserved blocks only if the group forms a discrete area.

  (3)   The Joint Authority is to invite applications by publishing a tender block licence notice for the licence in the Gazette.

Note 1:   A mining licence may cover not more than 20 tender blocks (see section   219).

Note 2:   A mining licence might be made available by a tender block notice if a mineral deposit in the area had already been identified and sufficient information was already available to justify the issue of a mining licence rather than an exploration licence.



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