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Geothermal Energy Resources Act 2005
33Rights conferred by lease
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33 Rights conferred by lease
A retention lease authorises the holder of the lease, subject to and in accordance with the conditions of the lease—
(a) to carry out geothermal energy exploration in the lease area; and
(b) to do any thing in the lease area that is necessary for, or incidental to, that purpose; and
(c) to retain a right to apply for an extraction licence in respect of the lease area under section 43 without complying with any requirement that there might otherwise be under this Act to carry out a work program in respect of the area.
S. 34 amended by No. 25/2008 s. 11 (ILA s. 39B(1)).