Commonwealth Consolidated Acts

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OFFSHORE MINERALS ACT 1994 - SECT 278

Matters to be specified in the licence

  (1)   The licence must specify:

  (a)   the blocks covered by the licence; and

  (b)   the activities authorised by the licence; and

  (c)   the area in which the activities are to be carried out; and

  (d)   the term of the licence; and

  (e)   the licence conditions.

  (2)   The term specified under paragraph   (1)(d) is not to exceed 5 years.


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