40Continuation of geothermal authority until related decision

40 Continuation of geothermal authority until related decision made (1) A geothermal authority (the existing authority) remains in force after the end of its term if, before that time, the holder of the existing authority has applied for: (a) a renewal of the existing authority; or (b) the grant of another geothermal authority, the entitlement to which is dependent on the existing authority. (2) The existing authority ceases to be in force on the day when the following relevant decision of the Minister takes effect: (a) the refusal to renew the existing authority; (b) the grant or refusal to grant the other authority.