Commonwealth Consolidated Acts

OFFSHORE MINERALS ACT 1994 - SECT 91

    If:

  (a)   an exploration licence holder applies to renew the licence under section   101; and

  (b)   the current term of the licence expires; and

  (c)   a renewal of the licence does not take effect immediately after the current term expires;

the licence remains in force after the current term expires until:

  (d)   a renewal of the licence takes effect; or

  (e)   a provisional renewal of the licence lapses; or

  (f)   the application for renewal is withdrawn or refused.