Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If the Joint Authority suspends rights conferred by an exploration licence for a specified period under section 48, the Joint Authority may extend the term of the licence.
(2) An extension of a licence term under subsection (1):
(a) must not be for a period that is longer than the period for which the licence rights were suspended; and
(b) must be in writing.
(3) If the Joint Authority extends the term of a licence under subsection (1), the Joint Authority must give the licence holder a written notice that informs the holder:
(a) that the licence has been extended; and
(b) of the period of the extension.