sec.147ADecision on application for renewal

### sec.147A Decision on application for renewal The Minister may renew an exploration permit if the Minister is satisfied of each of the following— the holder of the permit has— observed and performed all the covenants and conditions applying to the permit and required to be observed and performed by the holder; and complied with this Act in relation to the permit; the activities proposed to be carried out, or the outcomes proposed to be pursued, as stated in the proposed work program for the further term of the permit, are appropriate and acceptable; the financial and technical resources available to the holder to carry out the activities or pursue the outcomes mentioned in paragraph (b) are appropriate and acceptable; the public interest will not be adversely affected by the renewal. The renewal may be granted for the further term of not more than 5 years decided by the Minister. However, the total of the initial term and all renewed terms of an exploration permit must not be more than 15 years. The renewed permit is subject to— any conditions prescribed under a regulation; and any conditions decided by the Minister. The Minister may refuse to renew the permit if the Minister— has served on the holder a notice in the approved form asking the holder to show cause, within the period stated in the notice, why the renewal should not be refused; and after considering the holder’s response, is satisfied the renewal should be refused. As soon as practicable after deciding the application for the renewal, the Minister must give the holder a written notice stating— the decision; and if the decision is to grant the renewal on conditions, or to refuse the renewal, the reasons for the decision. s 147A ins 2005 No. 8 s 18 amd 2019 No. 17 s 265 (sec.147A-ssec.1) The Minister may renew an exploration permit if the Minister is satisfied of each of the following— the holder of the permit has— observed and performed all the covenants and conditions applying to the permit and required to be observed and performed by the holder; and complied with this Act in relation to the permit; the activities proposed to be carried out, or the outcomes proposed to be pursued, as stated in the proposed work program for the further term of the permit, are appropriate and acceptable; the financial and technical resources available to the holder to carry out the activities or pursue the outcomes mentioned in paragraph (b) are appropriate and acceptable; the public interest will not be adversely affected by the renewal. (sec.147A-ssec.2) The renewal may be granted for the further term of not more than 5 years decided by the Minister. (sec.147A-ssec.3) However, the total of the initial term and all renewed terms of an exploration permit must not be more than 15 years. (sec.147A-ssec.4) The renewed permit is subject to— any conditions prescribed under a regulation; and any conditions decided by the Minister. (sec.147A-ssec.5) The Minister may refuse to renew the permit if the Minister— has served on the holder a notice in the approved form asking the holder to show cause, within the period stated in the notice, why the renewal should not be refused; and after considering the holder’s response, is satisfied the renewal should be refused. (sec.147A-ssec.6) As soon as practicable after deciding the application for the renewal, the Minister must give the holder a written notice stating— the decision; and if the decision is to grant the renewal on conditions, or to refuse the renewal, the reasons for the decision. - (a) the holder of the permit has— (i) observed and performed all the covenants and conditions applying to the permit and required to be observed and performed by the holder; and (ii) complied with this Act in relation to the permit; - (i) observed and performed all the covenants and conditions applying to the permit and required to be observed and performed by the holder; and - (ii) complied with this Act in relation to the permit; - (b) the activities proposed to be carried out, or the outcomes proposed to be pursued, as stated in the proposed work program for the further term of the permit, are appropriate and acceptable; - (c) the financial and technical resources available to the holder to carry out the activities or pursue the outcomes mentioned in paragraph (b) are appropriate and acceptable; - (d) the public interest will not be adversely affected by the renewal. - (i) observed and performed all the covenants and conditions applying to the permit and required to be observed and performed by the holder; and - (ii) complied with this Act in relation to the permit; - (a) any conditions prescribed under a regulation; and - (b) any conditions decided by the Minister. - (a) has served on the holder a notice in the approved form asking the holder to show cause, within the period stated in the notice, why the renewal should not be refused; and - (b) after considering the holder’s response, is satisfied the renewal should be refused. - (a) the decision; and - (b) if the decision is to grant the renewal on conditions, or to refuse the renewal, the reasons for the decision.