If the Designated Authority for a Commonwealth - State offshore area refers the application to the Joint Authority under section 62, the Joint Authority may:
(a) provisionally grant an exploration licence to the applicant; or
(b) refuse the application.
Note: Under section 88, the grant of the licence cannot be effective before it is registered (see section 333 for registration). The grant will not be registered until it has been properly accepted (see section 70 for proper acceptance ).