Commonwealth Consolidated Acts

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OFFSHORE MINERALS ACT 1994 - SECT 333

Licences

  (1)   If the provisional grant of a licence is properly accepted, the Designated Authority must register:

  (a)   the holder's name; and

  (b)   if there is more than one licence holder--the share of the licence held by each holder; and

  (c)   a description of the licence area, including a map or map reference; and

  (d)   the term of the licence; and

  (e)   the date of the provisional grant of the licence; and

  (f)   the date of registration of the licence; and

  (g)   an address for the service of notices under this Act.

  (2)   The address registered under paragraph   (1)(g) is to be the address specified by the licence holder by notice in writing to the Designated Authority.

  (3)   If the holder has not given a notice under subsection   (2), the address to be registered under paragraph   (1)(g) is to be the address specified in the application that the holder made for the licence.

  (4)   If the Designated Authority registers a licence under subsection   (1):

  (a)   the licence holder must give the licence to the Designated Authority; and

  (b)   the Designated Authority must endorse the date of registration on the licence.

  (5)   The Designated Authority may include in the register any other information about the holder or the terms and conditions of the licence that the Designated Authority thinks is appropriate.

  (6)   The Designated Authority must retain a copy of each licence granted by the Joint Authority.

  (7)   A licence is taken to be registered as soon as an entry complying with subsection   (1) is made in the register.



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