30Geothermal production lease

30 Geothermal production lease (1) A geothermal production lease is an instrument that: (a) gives the lease holder: (i) the right to occupy the lease area; and (ii) the exclusive right to conduct activities in the lease area related to the production of geothermal energy and the generation of power; and (2) Activities related to the production of geothermal energy include: (a) continuing exploration for geothermal energy resources; and (b) extraction of geothermal energy resources or geothermal energy. (3) Activities related to the generation of power include the construction and maintenance of buildings and infrastructure in connection with the power generation. (4) The rights of the lease holder may be exercised only in accordance with the conditions of the lease. (5) The lease remains in force until the date on which a surrender or cancellation of the lease takes effect.

Geothermal Energy Act 2009 17