Commonwealth Consolidated Acts Commonwealth Consolidated ActsThe provisional grant of a mining licence is properly accepted by the provisional holder if, within 30 days after the day on which the provisional holder is given notice under section 227, the provisional holder:
(a) gives the Designated Authority a written acceptance of the grant; and
(b) lodges any security required by the Joint Authority under section 399; and
(c) pays the fees that must be paid for the licence under the Mining Licence Fees Act; and
(d) if the tender is determined on the basis of the amounts of money offered for the licence--pays the Commonwealth the amount that the provisional holder offered for the licence under subsection 221(3).
Note: Under section 232, the grant of the licence cannot be effective before it is registered (see section 333 for registration).