sec.793Periodic reduction in land covered by existing exploration permit

### sec.793 Periodic reduction in land covered by existing exploration permit This section applies to an exploration permit in existence immediately before the commencement. For the current remaining term of the exploration permit— new section 139 does not apply to the exploration permit; and the area of the exploration permit must be reduced under former section 139. In this section— current remaining term means the period from the commencement until the expiry of the exploration permit. s 793 ins 2012 No. 20 s 243 (sec.793-ssec.1) This section applies to an exploration permit in existence immediately before the commencement. (sec.793-ssec.2) For the current remaining term of the exploration permit— new section 139 does not apply to the exploration permit; and the area of the exploration permit must be reduced under former section 139. (sec.793-ssec.3) In this section— current remaining term means the period from the commencement until the expiry of the exploration permit. - (a) new section 139 does not apply to the exploration permit; and - (b) the area of the exploration permit must be reduced under former section 139.