sec.68Term of declaration

### sec.68 Term of declaration A declaration of a potential geothermal commercial area continues in force for the period stated in the declaration. The period can not be more than 5 years. In deciding a shorter period, the Minister must consider— when any discovery of geothermal resources was made; and any geothermal viability report or independent viability assessment for or that includes the proposed potential geothermal commercial area. Despite subsection (1) , the declaration ceases if the geothermal permit holder gives the chief executive a notice stating that the holder no longer wishes the area to be a potential geothermal commercial area. For other relevant provisions about giving a document to the chief executive, see section 363 . s 68 amd 2012 No. 20 s 281 sch 2 (sec.68-ssec.1) A declaration of a potential geothermal commercial area continues in force for the period stated in the declaration. (sec.68-ssec.2) The period can not be more than 5 years. (sec.68-ssec.3) In deciding a shorter period, the Minister must consider— when any discovery of geothermal resources was made; and any geothermal viability report or independent viability assessment for or that includes the proposed potential geothermal commercial area. (sec.68-ssec.4) Despite subsection (1) , the declaration ceases if the geothermal permit holder gives the chief executive a notice stating that the holder no longer wishes the area to be a potential geothermal commercial area. For other relevant provisions about giving a document to the chief executive, see section 363 . - (a) when any discovery of geothermal resources was made; and - (b) any geothermal viability report or independent viability assessment for or that includes the proposed potential geothermal commercial area.