187Records kept by licensee

187 Records kept by licensee

(1)  [Section 187 Subsection (1) amended by No. 24 of 2013, s. 123, Applied:28 Jun 2013] A licensee (other than the holder of a production licence) is to keep up-to-date records of any exploration carried out under the licence.

(2)  [Section 187 Subsection (2) amended by No. 24 of 2013, s. 123, Applied:28 Jun 2013] A licensee (other than the holder of a production licence) is to ensure that records contain the following:

(a) details of any exploration carried out;

(b) the costs of any exploration carried out;

(c) any other details the Director requires.

(3)  [Section 187 Subsection (3) inserted by No. 24 of 2013, s. 123, Applied:28 Jun 2013] The holder of a production licence must keep up-to-date records of any exploration and production activities carried out under the licence.

(4)  [Section 187 Subsection (4) inserted by No. 24 of 2013, s. 123, Applied:28 Jun 2013] The holder of a geothermal production licence is to ensure that the records contain the following:

(a) the quantities of geothermal energy produced;

(b) the quantities of geothermal energy produced and sold;

(c) the sources of geothermal energy that has been produced;

(d) details of the disposal of any waste created in production activities;

(e) details of any development in relation to production activities;

(f) a breakdown of any capital expenditure;

(g) the operational costs of any exploration or production activities carried out;

(h) details of the workforce;

(i) details of exploration on the licence area, if required by the Director to keep such records;