sec.334ORenewals

### sec.334O Renewals This section applies if, during the moratorium period, an oil shale mining tenement for the land reaches its expiry day. The mining tenement is taken to have been renewed. The term of the renewed mining tenement starts on the day after the expiry day and has the same duration as the mining tenement’s term that ended on the expiry day. The renewed mining tenement has the same conditions that the mining tenement had immediately before the expiry day. s 334O (prev s 318ELAK) ins 2008 No. 56 s 71 reloc and renum 2012 No. 20 s 300 (sec.334O-ssec.1) This section applies if, during the moratorium period, an oil shale mining tenement for the land reaches its expiry day. (sec.334O-ssec.2) The mining tenement is taken to have been renewed. (sec.334O-ssec.3) The term of the renewed mining tenement starts on the day after the expiry day and has the same duration as the mining tenement’s term that ended on the expiry day. (sec.334O-ssec.4) The renewed mining tenement has the same conditions that the mining tenement had immediately before the expiry day.