Commonwealth Consolidated Acts

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OFFSHORE MINERALS ACT 1994 - SECT 74

Joint Authority may invite applications for exploration licence over tender blocks

  (1)   Subject to subsection   (2), the Joint Authority may invite applications for the grant of an exploration licence over reserved blocks.

  (2)   Applications may be invited for a licence covering a group of reserved blocks only if the group forms a discrete area.

  (3)   The Joint Authority is to invite applications by publishing a tender block licence notice for the licence in the Gazette.



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