(1) An Australian high power rocket permit authorising the launch of a high power rocket:
(a) must specify the day on which the permit comes into force and the period for which it remains in force; and
(b) is granted subject to the conditions in section 40 and any other conditions specified in the permit.
(2) An Australian high power rocket permit may specify that the period for which it remains in force ends on the occurrence of a particular event (rather than at a specified time). For this purpose, the rules may set out how to determine when events of a particular kind occur.
Example: An Australian high power rocket permit might specify that it expires when the relevant launch has been (successfully or unsuccessfully) completed. The rules could set out how to determine when this is.
(3) At any time when an Australian high power rocket permit is in force, the Minister may, by written notice given to the holder of the permit, extend or further extend the period for which the permit remains in force.