Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A tender block licence notice for a mining licence must:
(a) specify the blocks to be covered by the licence; and
(b) specify the period within which applications may be made; and
(c) specify the procedure and criteria that the Joint Authority will adopt to allocate the licence; and
(d) specify the amount of security that the successful applicant will be required to lodge; and
(e) specify the initial term of the licence; and
(f) include a statement to the effect that information about:
(i) the security that the successful applicant will be required to lodge; and
(ii) the licence conditions;
may be obtained from the Designated Authority.
(2) The tender block licence notice may specify not more than 20 blocks for the mining licence.